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During the year, Tan sold the following losses: Loss on sale of boat (personal use) $2,000 Loss on sale of stock investment (capital loss) $4,500
During the year, Tan sold the following losses: Loss on sale of boat (personal use) $2,000 Loss on sale of stock investment (capital loss) $4,500 Presuming adequate income, how much of these losses may Tan claim?
a. $0 b. $2,000 c. $3,000 d. $4,500 e. $6,500
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