Barbara has the following results of netting her short-term and long-term capital gains and losses for 2010: $36,000 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 2010 and,if there is a net capital loss,how much of the loss and what type of loss carries over to 2011?

Question

Quizplus · Accepted Answer

The Answer of Barbara has the following results of netting her short-term and long-term capital gains and losses for 2010: $36,000 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 2010 and,if there is a net capital loss,how much of the loss and what type of loss carries over to 2011?

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