Business, 18.02.2020 21:30, red921

Seojun acquired an activity several years ago, and in the current year, it generates a loss of $50,000. Seojun has AGI of $140,000 before considering the loss from the activity. If the activity is a bakery and Seojun is not a material participant, what is his AGI?

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Seojun acquired an activity several years ago, and in the current year, it generates a loss of $50,0...