Question

An investor's portfolio has decreased in value from $250,000 to $200,000 in this tax year. No security positions have been sold. The investor's write off against ordinary income on this year's tax return is equal to which of the following

Answer 1

The correct answer is 0.

Step-by-step explanation:

As nothing has been sold, this indicate that there is no net profit or loss is made and there is nothing for the investor's write off against the ordinary income, so the correct answer is 0.