Andrea has the following capital gains and losses during the current year:
For tax calculation purposes, the net result of the above is:
A) Long-term gain $8,000; short-term capital loss $4,000.
B) Net long-term capital gain $4,000.
C) Collectibles gains $2,000; long-term capital gain $2,000
D) Collectibles gains $6,000; short-term capital loss $2,000.
Correct Answer:
Verified
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