Ralph Is Single and Reports the Following Items for 2019

question 68

Multiple Choice

Ralph is single and reports the following items for 2019: $\begin{array}{lc}\text { Nonbusiness capital gains } & 9,000 \\\text { Nonbusiness capital losses } & (3,000) \text { Interest } \\\text { income } & 6,000 \\\text { Itemized deductions (none of the amount resulted from a casualty loss) } & (10,000) \end{array}$ In calculating Ralph's net operating loss and with respect to these amounts only, what amount must be added back to taxable income (loss) ?

• A) $0
• B) $200
• C) $2,000
• D) $3,000
• E) None of these.

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Definitions:

Group Comparison Study

Study that compares two or more distinct groups on a variable of interest.

Zero Correlation

A statistical term indicating no relationship between two variables, meaning changes in one variable do not predict changes in the other.

Heel Height

The measurement from the bottom of the shoe sole to the bottom of the heel, indicating the elevation provided by the heel of a shoe.

Biased

Showing an unfair tendency to believe that some people, ideas, etc., are better than others, which can affect judgment and decision-making.