During the year, Maxine had the following gains and losses: $2,000 long term capital gains $2,000 of losses on the sale
Posted: Sun Jul 03, 2022 3:56 pm
During the year, Maxine had the following gains and losses:
$2,000 long term capital gains
$2,000 of losses on the sale of business property (Section 1231property)
$1,000 ordinary loss
$1,000 short term capital gain
How much of her income benefits from the lower capital gainrates?
$3,000
$1,000
$2,000
$2,000 long term capital gains
$2,000 of losses on the sale of business property (Section 1231property)
$1,000 ordinary loss
$1,000 short term capital gain
How much of her income benefits from the lower capital gainrates?
$3,000
$1,000
$2,000