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What is Elaine's net capital gain or loss? Draft a letter to Elaine describing how the net capital gain or loss will be treated on

What is Elaine's net capital gain or loss? Draft a letter to Elaine describing how the net capital gain or loss will be treated on her tax return. Assume Elaine's income from other sources puts her in the 35% bracket. Elaine's address is 3000 Ireland Avenue, Shepherdstown WV25443

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