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During 2019, Marvin had the following transactions: Salary Bank loan (proceeds used to buy personal auto) Alimony paid (divor
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Answer #1

d.$38,000.

The following is the calculation of AGI:

salary 50,000
less: alimony paid (12,000)
AGI 38,000

working:

Bank loan is not considered as income.

Gifts are not taxable to recipient.

Child support paid is not deductible from AGI.

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