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During the year, Tamara had capital transactions resulting in gains (losses) as follows: Sold stock in ABC Company (acquired two years ago) ($1,500) Sold collectible
During the year, Tamara had capital transactions resulting in gains (losses) as follows:
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a. As a result of these transactions, Tamara has an overall net short-term capital loss of $. ____.
b. Is the amount of her overall net gain or loss limited this year? Yes/No. c. If "Yes", what is the limit. If "No", enter"0". ____.
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