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Cengage Tax problem Unable to solved please help I don't understand equation Pn'nl liem Problem 4-3 What Is a Capital Asset?, Holding Period, Calculation of

Cengage Tax problem Unable to solved please help I don't understand equation

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Pn'nl liem Problem 4-3 What Is a Capital Asset?, Holding Period, Calculation of Gain or Loss, Net Capital Losses (L0 4.1, 4.2, 4.3, 4.5) Charu Khanna received a Form 1099-8 showing the following stock transactions and basis during 2019: D: te Sales Cast Stock Purchased Date Sold Price Basis 4,000 shares Green Co. 06/04/08 08/05/19 $12,000 $3,000 500 shares Gold (:0. 02/12/19 09/05/19 54,000 62,000 5,000 shares Blue Co. 02/04/09 10/08/19 18,000 22,000 100 shares Orange Co. 11/15/18 07/12/19 19.000 18,000 None of the stock is qualied small business stock. The stock basis was reported to the IRS. Calculate Charu's net capital gain or loss using Schedule D and Form 8949. "5-. 25-.. _II __

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