During 2014,Scarlet had taxable income of $150,000 and the following capital asset transactions:
Long term:
Gain $4,000
Loss 3,000
Short term:
Gain $2,000
Loss 1,000
How are these transactions handled if Scarlet is:
a.An individual?
b.A C corporation?

Question

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The Answer of During 2014,Scarlet had taxable income of $150,000 and the following capital asset transactions:
Long term:
Gain $4,000
Loss 3,000
Short term:
Gain $2,000
Loss 1,000
How are these transactions handled if Scarlet is:
a.An individual?
b.A C corporation?

During 2014,Scarlet Had Taxable Income of $150,000 and the Following