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In 2018, Isabella Sold Several Shares of Different Stocks Held

Question 78

Multiple Choice

In 2018, Isabella sold several shares of different stocks held for investment. The following is a summary of her capital transactions for the year: In 2018, Isabella sold several shares of different stocks held for investment. The following is a summary of her capital transactions for the year:   What is the amount of Isabella's net capital gains or losses for 2018? A)  $1,300 long-term capital gain B)  $850 long-term capital gain and $450 short-term capital gain C)  $1,050 long-term capital loss and $250 short-term capital loss D)  $1,050 long-term capital gain and $250 short-term capital gain What is the amount of Isabella's net capital gains or losses for 2018?


A) $1,300 long-term capital gain
B) $850 long-term capital gain and $450 short-term capital gain
C) $1,050 long-term capital loss and $250 short-term capital loss
D) $1,050 long-term capital gain and $250 short-term capital gain

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