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17 February, 12:23

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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  1. 17 February, 15:39
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    Thecoreect answer is

    Ellen can deduct $3,000 for AGI

    good luck
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