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Ryan Has the Following Capital Gains and Losses for 2019

Question 75

Multiple Choice

Ryan has the following capital gains and losses for 2019: $6,000 STCL, $5,000 28% gain, $2,000 25% gain, and $6,000 0%/15%/20% gain.Which of the following is correct:


A) The net capital gain is composed of $1,000 25% gain and $6,000 0%/15%/20% gain.
B) The net capital gain is composed of $5,000 28% gain and $2,000 0%/15%/20% gain.
C) The net capital gain is composed of $3,000 28% gain, $2,000 25% gain, and $2,000 0%/15%/20% gain.
D) The net capital gain is composed of $1,000 28% gain and $6,000 0%/15%/20% gain.
E) None of these.

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