Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps

تمرين 42

Which is true regarding long-term capital gains? a. A net long-term gain can offset a short-term gain but not a short-term loss.
B) A net long-term gain can be taxed at 28%, 25%, 15% or 0%, depending on the type of gain generated.
C) A net long-term loss can be offset against a long-term gain, and if there is a resulting long-term gain, it is taxed at regular rates.
D) A long-term loss can offset a long-term gain only if the netting result produces a loss of more than $3,000.