Multiple Choice
An individual has a $10,000 § 1245 gain,a $15,000 § 1231 gain,a $13,000 § 1231 loss,a $4,000 § 1231 lookback loss,and a $15,000 long-term capital gain.The net long-term capital gain is:
A) $30,000.
B) $40,000.
C) $17,000.
D) $15,000.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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