Julie, a single taxpayer, has completed her 2019 schedule c and her net loss is $40,000. her only other income is wages of $30,000. julie takes the standard deduction of $12,200 in 2019.
a. calculate julie's taxable income or loss.
$
b. calculate the business and nonbusiness portions of her taxable income or loss.
business: $
nonbusiness: $
c. determine julie's 2019 nol.
$

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