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14 You have the following: Short term capital losses $9,000 Long term capital losses - $8,000 Short term capital gains $6,000 Long term capital gains
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You have the following: Short term capital losses $9,000 Long term capital losses - $8,000 Short term capital gains $6,000 Long term capital gains $7,000 What amount is reported on page 1 of the form 1040? a. $1,000 gain b. $4,000 gain c. $3,000 loss d. $3,000 gain e. $1,000 loss f. $4,000 loss You inherited a computer and copier that you do not need in your business. You donate to your church for your pledge. What type of category does this fit in? a. none of the answers are correct b. $12311245 property c. $12311250 property d. ordinary properity e. $1221 property f. $1231 - ordinary property You have the following: Short term capital losses $9,000 Long term capital losses - $8,000 Short term capital gains $6,000 Long term capital gains $7,000 What amount is reported on page 1 of the form 1040? a. $1,000 gain b. $4,000 gain c. $3,000 loss d. $3,000 gain e. $1,000 loss f. $4,000 loss You inherited a computer and copier that you do not need in your business. You donate to your church for your pledge. What type of category does this fit in? a. none of the answers are correct b. $12311245 property c. $12311250 property d. ordinary properity e. $1221 property f. $1231 - ordinary property Step by Step Solution
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