elizamendez2002
Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Alan bought shares in Coca-Cola for $10,000 on November 15, 2017. On November 1, 2018, he sold the shares for $5,000. He has no other gains or losses in 2018. What does Alan report on his tax return? A. $5,000 short -term loss. B. $3,000 ordinary loss and $2,000 long -term carry-forward C. $3,000 ordinary loss and $2,000 short -term carry-forward D. $5,000 long -term loss

Sagot :

Answer:

A

Explanation:

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.