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| On July 1, 2013, Kim Wald sold an antique for $12,000 that she had bought for her personal use in 2011 at a cost of $15,000. In her 2013 return, Kim should treat the sale of the antique as a transaction resulting in A. A nondeductible loss. B. Ordinary loss. C. Short-term capital loss. D. Long-term capital loss. |
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