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Juanita, Single and Age 43, Reports the Following Items for 2019

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Essay

Juanita, single and age 43, reports the following items for 2019:  Salary $60,000 Interest income 6,000 Casualty loss on business property (15,000) Casualty loss on rental property (5,000) Loss on theft of securities (8,000) Personal casualty gains 9,000 Personal casualty loss (after $100 floor) (13,000) Other itemized deductions (9,000)\begin{array} { l r } \text { Salary } & \$ 60,000 \\\text { Interest income } & 6,000 \\\text { Casualty loss on business property } & ( 15,000 ) \\\text { Casualty loss on rental property } & ( 5,000 ) \\\text { Loss on theft of securities } & ( 8,000 ) \\\text { Personal casualty gains } & 9,000 \\\text { Personal casualty loss (after } \$ 100 \text { floor) } & ( 13,000 ) \\\text { Other itemized deductions } & ( 9,000 )\end{array} Compute Juanita's taxable income for 2019.


Definitions:

Networking

The act of establishing and maintaining professional relationships that can provide support, information, and resources for career development or organizational growth.

Agendas

Lists or plans of items to be discussed or acted upon in meetings or gatherings.

Managerial Roles

The specific functions or responsibilities that managers assume in an organization to achieve goals, including planning, organizing, leading, and controlling.

Monitor

To observe and check the progress or quality of (something) over a period of time; keep under systematic review.

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