14) In 2019, Taxpayer, whose filing status is Single, realized the following gains and losses from the sale of investments. Determine the amount and nature of Taxpayer's gain and loss after netting.

• $2,200 long-term capital gain

• $24,800 short-term capital gain

• $9,100 long-term capital loss

• $15,000 short-term capital loss

A) $2,900 net long-term capital loss

B) $2,900 net short-term capital gain

C) $2,900 net long-term capital gain

D) $2,900 net short-term capital loss

E) None of the choices is correct

15) For 2019, Taxpayer's only income is $142,900 in net profit from a self-employment activity. Determine Taxpayer's self-employment tax for the year. You may round your final answer to the nearest dollar.