James purchased 100 shares of ABC Company stock on December 5, 2022 for $10,000 ($100 per...

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James purchased 100 shares of ABC Company stock on December 5, 2022 for $10,000 ($100 per share ). James sold 50 shares on January 22, 2023 for $1,500 ($30 per share). James then re-purchased 50 shares on February 1, 2023 for $1,000 $20 per share). What are james tax consquences for his stock transactions of aBC Company for his 2023 tax year filings? what would the short term lost be? James purchased 100 shares of ABC Company stock on December 5, 2022 for $10,000 ($100 per share ). James sold 50 shares on January 22, 2023 for $1,500 ($30 per share). James then re-purchased 50 shares on February 1, 2023 for $1,000 $20 per share). What are james tax consquences for his stock transactions of aBC Company for his 2023 tax year filings? what would the short term lost be?

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Original Purchase December 5 2022 James purchased 100 shares of ABC Company stock for 10000 total 10... View the full answer