Theresa presents the following information with her 2021 tax return: Capital Gains: Shares- $1,500, Personal-use property- 750,

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Theresa presents the following information with her 2021 tax return: Capital Gains: Shares- $1,500, Personal-use property- 750, Listed personal property- 600,Capital losses: Shares- $ 820,Personal-use property-1,100, Listed personal property- 240,Listed personal property losses of prior years - 105,Net capital losses from 2019 - 310,What is the minimum taxable capital gain (rounded to the nearest dollar) to be reported on Theresa's tax return?

		$843
		$480
		$520
		$1,425

Posted Date: Oct 21, 2021 10:50 PM

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Theresa presents the following information with her 2021 tax return: Capital Gains: Shares- $1,500, Personal-use property- 750,

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Expert Answer:

Correct option is 843 Working Gain on shares 1500 Los... View the full answer

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