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(Solved): Lesson 3 Question 16 Sophia sold a painting that she held as an investment on an online auction we ...



Lesson 3 Question 16 Sophia sold a painting that she held as an investment on an online auction website for $100. She bought the painting for $20 at a garage sale years ago. Sophia should report what amount as a capital gain on her Schedule D (Form 1040)? A. $0B. $20C. $80D. $100



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