a. Drop down answers: long term capital loss, ordinary loss, short term capital loss. Next is LTCG,LTCL,STCG,STCL. Next is CG,CL, Ordinary loss, Ordinary income

b. Drop down answers: LTCL,Oridinary loss, STCL. Next is LTCG,LTCL,STCG,STCL. Next is CG,CL, Ordinary loss, Ordinary income.

c. Drop down answers: Is, is not. Next is are netted then passed through the shareholders, passed through the shareholders as is

Robin had the following capital transactions in 2018: LTCG LTCL STCG STCL $10,000 8,000 2,000 0 Robin also had a net long-term capital loss in 2017 of $2,000, which it could not use, and ordinary income of $13,000 a. What are the tax consequences in 2018 if Robin is an individual? The 2017 capital loss is carried forward to 2018 as a short-term capital loss long-term capital gain . Thus, Robin ends up with a net of that is treated as a capital gain b. What are the tax consequences in 2018 if Robin is a C corporation? The 2017 capital loss is carried forward as a long-term capital loss . Thus, Robin ends up with a net that is treated as c. What are the tax consequences in 2018 if Robin is an S corporation? If Robin is an S corporation, there 2018. All of the capital gain and loss transactions in 2018 long-term capital loss carryforward passed through to the shareholders in