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Bert Baker had $50,000 salary during 2015 and had the following capital gains and losses: STCL carryover from 2014 ($4,000) STCL (2,000) STCG 1,000 LTCL
Bert Baker had $50,000 salary during 2015 and had the following capital gains and losses:
STCL carryover from 2014 | ($4,000) |
STCL | (2,000) |
STCG | 1,000 |
LTCL carryover from 2014 | (5,000) |
LTCL | (3,000) |
LTCG | 6,000 |
How should Bert treat the above on his 2015 tax return?
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