During 2016,Violet had the following capital gains and losses:
Long-term capital gain
$4,000
Short-term capital gain
5,000

In 2015 Violet had a net long-term capital loss of $6,000 which could not be used.Assume all capital gains and losses result from the sale of securities held as investments.How are these transactions handled if Violet is:
a.An individual?
b.A C corporation?

Question

During 2016,Violet had the following capital gains and losses:
Long-term capital gain
$4,000
Short-term capital gain
5,000
​
In 2015 Violet had a net long-term capital loss of $6,000 which could not be used.Assume all capital gains and losses result from the sale of securities held as investments.How are these transactions handled if Violet is:
a.An individual?
b.A C corporation?

Quizplus · Accepted Answer

The Answer of During 2016,Violet had the following capital gains and losses:
Long-term capital gain
$4,000
Short-term capital gain
5,000
​
In 2015 Violet had a net long-term capital loss of $6,000 which could not be used.Assume all capital gains and losses result from the sale of securities held as investments.How are these transactions handled if Violet is:
a.An individual?
b.A C corporation?

During 2016,Violet Had the Following Capital Gains and Losses