Bill Stale started investing in the stock market this year. He bought two stocks and sold them both just before the end of the financial year. Stock A made was sold at a $400 gain and Stock B sold at a loss of $600. How should Bill's tax return include the stock trades?

Answer rating: 100% (QA)

Answer Bill Stale should report both the gain from Stock A and the loss from Stock B on his t... View the full answer