Question 21 of 75. In 2019, Mike, a single taxpayer, had taxable income of $100,000. This amount included short-term cap
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Question 21 of 75. In 2019, Mike, a single taxpayer, had taxable income of $100,000. This amount included short-term cap
Question 21 of 75. In 2019, Mike, a single taxpayer, had taxable income of $100,000. This amount included short-term capital losses of $1,000 and long-term capital losses of $10,000. He had no other capital transactions in prior years. What is Mike's capital loss carryover to 2020? O $0 $1,000 $8,000 O $11,000