Ms Pangolin sold two stocks on Monday March 9, 2022. The capital gain on the sale of Teladoc Health…

Ms Pangolin sold two stocks on Monday March 9, 2022. The capital gain on the sale of Teladoc Health…

Question:

Transcribed Image Text:

Ms Pangolin sold two stocks on Monday March 9, 2022. The capital gain on the sale of Teladoc
Health stock was $25,500. The capital loss on the Haliburton stock was $18,500. What is the
taxable gain or loss Ms Pangolin should record for the year? (Show your calculations)

Expert Answer:

Answer rating: 100% (QA)

To calculate Ms Pangolin s taxable gain or loss for the year we
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