Multiple Choice
Seamus had $16,000 of net short-term capital loss in 2016.In 2017,Seamus has $17,000 of long-term capital loss and $26,000 of long-term capital gain.Which of the following statements is correct?
A) Seamus had a $13,000 short-term capital loss carryover to 2017.
B) Seamus has an $9,000 2017 net long-term capital gain.
C) Seamus has a $4,000 2017 net short-term capital loss.
D) a.and c.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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