For the Current Year,David Has Salary Income of $80,000 and the Following

question 68

Multiple Choice

For the current year,David has salary income of $80,000 and the following property transactions: What is David's AGI for the current year?

• A)$76,000.
• B)$77,000.
• C)$78,000.
• D)$89,000.
• E)None of the above.

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Definitions:

Single-Parent

Pertains to a family unit led and managed by one parent alone.

Biological Son

A male offspring who shares genetic material with his parents.

Natural Family

A concept often referring to a family structure centered around biological relations.

Natural Family

A term often used to refer to a family unit that includes biological parents and their children, as opposed to adoptive, step, or blended families.