During 2014, William sold the following capital assets:
Calculate the following:
a. Total short-term capital gain/loss realized for tax purposes
b. Total long-term capital gain/loss realized for tax purposes
c. Deductible capital gain/loss
d. The amount and nature (short-term or long-term) of his capital loss carryforward
e. Assuming that William has no capital gain or loss for 2015, how much can he deduct in 2015 and what is the amount and nature of any carryforward to 2016?

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The Answer of During 2014, William sold the following capital assets:
Calculate the following:
a. Total short-term capital gain/loss realized for tax purposes
b. Total long-term capital gain/loss realized for tax purposes
c. Deductible capital gain/loss
d. The amount and nature (short-term or long-term) of his capital loss carryforward
e. Assuming that William has no capital gain or loss for 2015, how much can he deduct in 2015 and what is the amount and nature of any carryforward to 2016?

During 2014, William Sold the Following Capital Assets