Business, 25.03.2020 00:25 lachereyon11

Caroline, a single taxpayer, owns 2,000 shares of qualifying small business stock that she purchased for $230,000. During the current year, she sells 800 of the shares for $35,000. If this is the only stock Caroline sells during the year, what can she deduct as an ordinary and capital loss?

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Caroline, a single taxpayer, owns 2,000 shares of qualifying small business stock that she purchased...

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