Multiple Choice
Aamir has $25,000 of net Sec.1231 gains this year on business assets.In addition,incurred $18,000 of loss on the sale of stock held six months.Aamir will include in his AGI
A) $3,000 short term capital loss and $25,000 ordinary gain.
B) $22,000 net capital gain.
C) $7,000 net capital gain.
D) $7,000 short-term capital gain.
Correct Answer:
Verified
Correct Answer:
Verified
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