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In the current year, Ellen sold investment stock that she had owned for five years. The sale generated a loss of $5,000. Assuming she had no other asset sales during the year, how should Ellen handle the
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Feb 23, 2020
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In the current year, Ellen sold investment stock that she had owned for five years. The sale generated a loss of $5,000. Assuming she had no other asset sales during the year, how should Ellen handle the loss for the current tax year purposes?
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Nikita Chernov
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Answer:
Thecoreect answer is
Ellen can deduct $3,000 for AGI
good luck
Roy Van Rijn
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Feb 27, 2020
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Roy Van Rijn
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