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Author Question: One important tax rule concerning capital losses is that (Read 7 times)

abcdef9106

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Question 1

Emily's marginal tax rate is 28%.  She will have $100,000 in taxable income before any stock transactions.  If she sells stock at long-term losses totaling $2,500 , her losses will reduce her taxes by
◦ $2,500.
◦ $840.
◦ $700.
◦ No reduction, the loss is not deductible.

Question 2

One important tax rule concerning capital losses is that
◦ capital losses are always fully deductible.
◦ a maximum of $3,000 of losses in excess of capital gains can be written off against ordinary income in any one year.
◦ a maximum of $10,000 of losses in excess of capital gains can be written off against other income in any one year.
◦ capital losses are never deductible.


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Marked as best answer by abcdef9106 on Mar 29, 2022

labrinker

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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abcdef9106

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Reply 2 on: Mar 29, 2022
Wow, this really help


frankwu0507

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Reply 3 on: Yesterday
Gracias!

 

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