Question
Barbara Bliss had the following recognized gains and losses during the year: Business casualty gain (property held 5 months) $160 Business casualty loss (property held
Barbara Bliss had the following recognized gains and losses during the year:
Business casualty gain (property held 5 months) $160
Business casualty loss (property held 19 months) ($210)
Business casualty gain (property held 21 months) $530
Section 1231 gain $810
Section 1231 loss ($630)
LTCL ($4300)
STCL ($270)
What is Barbaras total capital gain/loss before considering how much of it is deductible? [For your answer, please use whole number (no need to round) and ignore the dollar sign and the comma. Please enter a positive number for gain and a negative number for loss.]
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