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Ralph is single and reports the following items for 2020:
Nonbusiness capital gains | $ 9,000 |
Nonbusiness capital losses | (3,000) |
Interest income | 6,000 |
Itemized deductions (none of the amount resulted from a casualty loss) | (10,000) |
In calculating Ralphs net operating loss and with respect to these amounts only, what amount must be added back to taxable income (loss)?
a. $0
b. $400
c. $2,000
d. $3,000
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