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During 2013,William Sold the Following Capital Assets:
Description
ABC

Question 85

Essay

During 2013,William sold the following capital assets:
Description
ABC Stock
123 Bond Fund
Dune buggy
Antique chair
Calculate the following:  Description  Purchased  Sold  Price  Basis  ABC Stock 0505200908032013$500$9,000123 Bond Fund 1107201202252013$2,000$6,000 Dune buggy 0612200809292013$2,400$4,600 Antique chair 1009200004212013$4,000$3,000\begin{array}{lllll}\text { Description } & \text { Purchased } & \text { Sold } & \text { Price } & \text { Basis } \\\hline\text { ABC Stock } & 05-05-2009 & 08-03-2013 & \$ 500 & \$ 9,000 \\123 \text { Bond Fund } & 11-07-2012 & 02-25-2013 & \$ 2,000 & \$ 6,000 \\\text { Dune buggy } & 06-12-2008 & 09-29-2013 & \$ 2,400 & \$ 4,600 \\\text { Antique chair } & 10-09-2000 & 04-21-2013 & \$ 4,000 & \$ 3,000\end{array}
a.Total short-term capital gain/loss realized for tax purposes
b.Total long-term capital gain/loss realized for tax purposes
c.Deductible capital gain/loss
d.The amount and nature short-term or long-term)of his capital loss carryforward
e.Assuming that William has no capital gain or loss for 2014,how much can he deduct in 2014 and what is the amount and nature of any carryforward to 2015?

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a.$4,000 short-term loss $2,000 - $6,000...

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