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Q 3 An individual had the following transactions during 2 0 2 2 and 2 0 2 3 : table [ [ , ,
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An individual had the following transactions during and :
tabletableadjustedcostitemdescription,date,proceeds,baseSold shares of stock A Mar Sold shares of stock B Oct sold jewellry, Feb sold designer furniture, Apr sold stamp collection, May sold sailboat, Jul sold old piano, Nov
Assume that the individual makes the maximum use of capital losses when they arise. What effect would the above transactions have on the individual's taxable income?
A
B
C
D
E None of these
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