Business, 10.03.2020 20:27 rileyeddins1010
Seamus had $16,000 of net short-term capital loss in 2018. In 2019, he has $17,000 of long-term capital loss and $26,000 of long-term capital gain. Which of the following statements is correct?a. Seamus had a $13,000 short-term capital loss carryover to 2019.
b."Seamus had a $13,000 short-term capital loss carryover to 2019" and "Seamus has a $4,000 2019 net short-term capital loss".
c. Seamus has a $4,000 2019 net short-term capital loss.
d. Seamus has an $9,000 2019 net long-term capital gain.
e. None of these choices are correct.
Answers: 3
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Seamus had $16,000 of net short-term capital loss in 2018. In 2019, he has $17,000 of long-term capi...
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