On January 1, 2010, Jane Judge paid $12,000 for taxable bonds with a face value of $10,000 that mature on January 1, 2020. She sells them on December 31, 2012, for $11,000. What are the tax consequences for Jane?

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The Answer of On January 1, 2010, Jane Judge paid $12,000 for taxable bonds with a face value of $10,000 that mature on January 1, 2020. She sells them on December 31, 2012, for $11,000. What are the tax consequences for Jane?

On January 1, 2010, Jane Judge Paid $12,000 for Taxable