The Netting Process for Capital Gains (Losses)with 0/15/20 Percent, 25

Multiple Choice

The netting process for capital gains (losses) with 0/15/20 percent, 25 percent, and 28 percent capital assets helps maximize the tax benefit of:

A) current-year net loss in the 25-percent rate group.
B) net short-term capital losses.
C) long-term capital loss carryovers.
D) current-year net loss in the 25-percent rate group and long-term capital loss carryovers.
E) net short-term capital losses and long-term capital loss carryovers.