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South Western Federal Taxation
In late 2015, the Polks come to you for tax

In late 2015, the Polks come to you for tax advice. They are considering selling some stock investments for a

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In late 2015, the Polks come to you for tax advice. They are considering selling some stock investments for a loss and making a contribution to a traditional IRA. In reviewing their situation, you note that they have large medical expenses and a casualty loss, neither of which is covered by insurance. What advice would you give the Polks?

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When providing tax advice to the Polks who are considering selling stock investments for a loss and making a contribution to a traditional IRA while a…View the full answer

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