elizamendez2002
Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Join our Q&A platform and connect with professionals ready to provide precise answers to your questions in various areas. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

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:

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.