LO.1 A list of the items that Audra sold and the losses she incurred during the current
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LO.1 A list of the items that Audra sold and the losses she incurred during the current tax year is as follows:
Brown, Inc. stock $ 1,100 Audra’s personal use car 11,000 Audra’s personal residence 12,000 City of Newburyport bonds 900 She also had a theft loss of $1,500 on her uninsured business use car. Calculate Audra’s deductible losses.
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South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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