Business, 15.04.2020 22:50 Justtrynapassclass
In X8, Erin had the following capital gains (losses) from the sale of her investments: $2,000 LTCG, $25,000 STCG, ($9,000) LTCL, and ($15,000) STCL. What is the amount and nature of Erin's capital gains and losses?
a. $3,000 net short-term capital gain
b. $3,000 net long-term capital loss
c. $4,000 net short-term capital gain
d. $4,000 net long-term capital loss
e. None of these
Answers: 2
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In X8, Erin had the following capital gains (losses) from the sale of her investments: $2,000 LTCG,...
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