During 2016, William sold the following capital assets:
Calculate the following:
a.Total short-term capital gain/loss realized for tax purposes
b.Total long-term capital gain/loss realized for tax purposes
c.Deductible capital gain/loss
d.The amount and nature (short-term or long-term) of his capital loss carryforward
e.Assuming that William has no capital gain or loss for 2017, how much can he deduct in 2017 and what is the amount and nature of any carryforward to 2018?

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The Answer of During 2016, William sold the following capital assets:
Calculate the following:
a.Total short-term capital gain/loss realized for tax purposes
b.Total long-term capital gain/loss realized for tax purposes
c.Deductible capital gain/loss
d.The amount and nature (short-term or long-term) of his capital loss carryforward
e.Assuming that William has no capital gain or loss for 2017, how much can he deduct in 2017 and what is the amount and nature of any carryforward to 2018?

During 2016, William Sold the Following Capital Assets