puzzle...

[dasari4kntr]

Just now, hunkyfunky2 said:

Total profit is 400. 

 

900 investment, 1300 sale proceeds. 

buying and selling didn’t happen at time …it happened in 4 steps..

[Ara_Tenkai]

1 minute ago, dasari4kntr said:

 

correct answer idani ledhu…it changes based on premise…

Ichina data tho ayithe 400… he did not say he took a loan of 100…

etlunnav bro… ee madhya stories rastalev??

[dasari4kntr]

Just now, Ara_Tenkai said:

Ichina data tho ayithe 400… he did not say he took a loan of 100…

etlunnav bro… ee madhya stories rastalev??

time dorakatledhu….i need to give a break to painting and photography….

[Funkops]

45 minutes ago, dasari4kntr said:

If it’s IRS it will collect tax from you for 400$

[dasari4kntr]

yup... $400 is correct..

 

[Funkops]

46 minutes ago, dasari4kntr said:

For tax purposes he bought it at 800 sold at 1300 and missed the gain from 1000 to 1100. Wash sale.

 

400$ taxable income

[Kakynada]

🙄

[Konebhar6]

10 hours ago, dasari4kntr said:

Uncle SAM says its $400, no matter how you calculate. Pay the tax.