Bob sold securities in Year 1. The sales resulted in a capital loss of $7,000. He had no other capital transactions. He and his wife Gloria decide to file separate returns for Year 1. His taxable income was $26,000.
What amount of capital loss can he deduct on his Year 1 return and what amount can he carry over to Year 2?

A. $7,000 in Year 1 and $0 carry over to Year 2.
B. $3,000 in Year 1 and $4,000 carry over to Year 2.
C. $4,000 in Year 1 and $3,000 carry over to Year 2.
D. $1,500 in Year 1 and $5,500 carry over to Year 2

Which of the following occupations relate to a skill category of words and literacy

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.

Afamily wishes to save for future college expenses. which financial tool should the family invest in?