Capital loss on qrs stock may he deduct

Assignment Help Financial Accounting

Reference no: EM13793608

During 2013, William sold stock in QRS, Inc for $3,500 that he purchased 4 years ago for $10,000. He also sold a Chicago main bond for $1,050 that he purchased for $1,000 18 months ago. He also earned $1,000,000 in salary. How much of William's capital loss on QRS stock may he deduct during 2013?

Reference no: EM13793608

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