Benjamin has the following capital gains and losses for the current year:
What is Benjamin's net capital gain or loss for the year?
A) Net long-term capital loss of $7,000.
B) Net short-term capital gain of $2,000.
C) Net long-term capital loss of $5,000.
D) Net short-term capital gain of $1,000.
E) Net long-term capital loss of $3,000.
Correct Answer:
Verified
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