Maureen and Justin, married taxpayers filing jointly, had the following transactions during Year 9: Gain...
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Accounting
Maureen and Justin, married taxpayers filing jointly, had the following transactions during Year 9:
Gain on sale of stock purchased in Year 1 and sold in June, Year 9 $ 3,000
Ordinary income from employers 80,000
Loss on sale of stock purchased in January, Year 9 and sold in March, Year 9 20,000 What is the amount of the capital loss carryover to Year 10?
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