campbellalexus3843 campbellalexus3843

20-02-2020
Business

contestada

During 2017, Kim sold the following assets: personal auto for a $1,000 loss, stock investment for a $1,000 loss, and pleasure yacht for a $1,000 loss. Presuming adequate income, how much of these losses may Kim claim?

Respuesta :

FreshPrinxce FreshPrinxce

22-02-2020

Answer:

$1000

Explanation:

Personal loss such as the loss on Yatch of $1000 and Personal auto of $1000 cannot be claimed.

However, loss of $1000 of stock investment loss can be claimed as it is a capital loss.

Answer Link

Otras preguntas

If you are a small credit union, it is acceptable to have the BSA officer determine when a CTR is necessary, fill out the CTRs, and determine who is eligible fo

Which of the following must be included in a solicitor disclosure document?a) The manner in which the solicitor will be paid by the registered investment advise

Which two leaders succeeded in uniting Spain under the Roman Catholic Church? a. Ferdinand and Isabella b. Henry VIII and Elizabeth I c. Philip II and Charles V

The accompanying pulsed-wave Doppler tracing is of systolic blood flow in the IVC, imaged using a subcostal window. Based on this tracing, which of the followin

If a computer game has a win-to-loss ratio of 3:2, and a player has won 15 games, how many games has the player lost?

There is exactly one circle passing through the points (-2,1), (2,2), and (0,0). Find an equation for this circle.a) (x² + y² = 5)b) (x² + y² = 1)c) (x² + y² =

What important inventions were introduced to Native American society? A) Guns and cannons B) The printing press C) The wheel D) Horses

How do you activate oxygen on SCSR 100?

When should tires be replaced? 1) When the tread separates 2) When there are broken valve stems 3) If the tread depth on your front tires is less than 4/32 deep

Blank and blank were environmental problems common to this region A) Droughts and earthquakes B) Floods and volcanic eruptions C) Desertification and soil eros