Bill is single and has a 447500 salary as his sole source


Bill is single and has a 447,500 salary as his sole source of income. Bill also sustains a long-term capital loss of $10,000. What is Bill's capital loss carry forward to future years?

A) $0

B) $3,000

C) $4,000

D) $7,000

E) $10,000

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Accounting Basics: Bill is single and has a 447500 salary as his sole source
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