In 2018, Tim, a single taxpayer, has ordinary income of $29,000. In addition, he has $2,000 in short-term capital gains, long-term capital losses of $10,000, and long-term capital gains of $4,000. What is Tim's AGI for 2018?
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Clay, who was single, died in 2015 and has a gross estate valued at $8,500,000. six months after his death, the gross assets are valued at $9,000,000. the estate incurs funeral and admin expenses of $125,000.
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