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An unmarried taxpayer sells the following capital assets during the year. Property Date Acquired Date Sold Sales Price Adjusted Basis 1 6/4/17 4/6/18 $10,000 $14,000

An unmarried taxpayer sells the following capital assets during the year.

Property Date Acquired Date Sold Sales Price Adjusted Basis
1 6/4/17 4/6/18 $10,000 $14,000
2 1/8/16 12/15/18 15,000 17,000

The taxpayer carries over to the next tax year:

Question 3 options:

1)

a $3,000 long-term capital loss.

2)

a $1,000 short-term capital loss and a $2,000 long-term capital loss.

3)

a $3,000 short-term capital loss.

4)

a $4,000 short-term capital loss.

5)

a $2,000 short-term capital loss and a $1,000 long-term capital loss.

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