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Patrick a 43 year old taxpayer who will use the single filing status,brought 100 shares of hij stock for 10000 in 2015. there were no
Patrick a 43 year old taxpayer who will use the single filing status,brought 100 shares of hij stock for 10000 in 2015. there were no subsequent adjustments to his basis, but the stock underperformed,and he sold his shares for 4250 in 2019.Patrick had no other capital gains or losses during the year, and his only other income consisted of 80000 in wages. If Patrick deducts the maximum capital loss on his 2019 return, what is his long term capital loss carryover for 2020? a) 0:b) 2750: c) 3000: d) 5750
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