"Hello, I need help. Can anyone explain me why the answer is $2200. Thanking you in advance.
Last year, Sharon itemized deductions and had $1000 of unused earned income tax credit. This year, Sharon recovered $2200 of last year’s…"
"Can anyone help me why the answer is $210,000. I understand that we have to add back net long term capital loss from the sale of marketable securities to book income to get taxable income. But I think we have to deduct interest earned on U.S…"