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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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