In 2013 you purchased $1,800 of IBM stock and you sold it this year for $1,500.Since you lost money on this transaction,there is no valid reason to include this on this year's tax return.

Question

Quizplus · Accepted Answer

Although you had a loss on the transaction, it is still necessary to report capital gains and losses on your tax return. You can use your loss to offset gains from other investments and possibly reduce your overall tax liability.

In 2013 You Purchased $1,800 of IBM Stock and You