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3 years ago

8

Mary sells to her father, robert, her shares in a corp for $55,000. the shares cost mary $80,000. how much loss may mary claim f

rom the sale

1 answer:

OverLord2011 [107]3 years ago

6 0

Mary Purchase shares = $80,000
Mary Sells shares = $55,000

Loss she can claim for = $80,000 - $55,000
= $ 25,000

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