Sandy has the following results of netting her short-term and long-term capital gains and losses for 2011: $38,000 short-term capital loss,$22,000 net long-term capital gain ($21,000 0%/15% long-term capital gain,and $1,000 28% long-term capital gain).What is her net capital gain or loss for 2011 and,if there is a net capital loss,how much of the loss and what type of loss carries over to 2012?

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The Answer of Sandy has the following results of netting her short-term and long-term capital gains and losses for 2011: $38,000 short-term capital loss,$22,000 net long-term capital gain ($21,000 0%/15% long-term capital gain,and $1,000 28% long-term capital gain).What is her net capital gain or loss for 2011 and,if there is a net capital loss,how much of the loss and what type of loss carries over to 2012?

Sandy Has the Following Results of Netting Her Short-Term and Long-Term