During 2012, Trevor has the following capital transactions: After the netting process, the following results:
A)Long-term collectible gain of $2,000.
B)LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL of $6,000.
C)LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL carryover to 2013 of $3,000.
D)LTCG of $2,000.
E)None of the above.

Question

During 2012, Trevor has the following capital transactions:  After the netting process, the following results:
A)Long-term collectible gain of $2,000. 
B)LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL of $6,000. 
C)LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL carryover to 2013 of $3,000. 
D)LTCG of $2,000. 
E)None of the above.

Quizplus · Accepted Answer

The Answer of During 2012, Trevor has the following capital transactions:  After the netting process, the following results:
A)Long-term collectible gain of $2,000. 
B)LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL of $6,000. 
C)LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL carryover to 2013 of $3,000. 
D)LTCG of $2,000. 
E)None of the above.

During 2012, Trevor Has the Following Capital Transactions: After