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During 2011, Carmen had a salary of $90,000 and the following capital transactions: LTCG $4,000 LTCL $5,000 STCG $4,000 STCL $2,000 How are these transactions
During 2011, Carmen had a salary of $90,000 and the following capital transactions:
LTCG $4,000
LTCL $5,000
STCG $4,000
STCL $2,000
How are these transactions handled for income tax purposes? Explain
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