During 2010,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 2011 of $3,000.
D)LTCG of $2,000.
E)None of the above.

Question

During 2010,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 2011 of $3,000. 
D)LTCG of $2,000. 
E)None of the above.

Quizplus · Accepted Answer

The Answer of During 2010,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 2011 of $3,000. 
D)LTCG of $2,000. 
E)None of the above.

During 2010,Trevor Has the Following Capital Transactions: After the Netting