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During 2020, Susan sold the following capital assets: Description Date Purchased Date Sold Sales Price Cost Basis Degner Corp Stock 04-12-2017 10-05-2020 $1,500 $9,000 QBC
During 2020, Susan sold the following capital assets: Description Date Purchased Date Sold Sales Price Cost Basis Degner Corp Stock 04-12-2017 10-05-2020 $1,500 $9,000 QBC Bond Fund 09-30-2019 01-12-2020 $2,000 $6,000 Buick Enclave 05-10-2014 07-25-2020 $12,400 $20,600 Land held as an investment 07-11-2006 05-28-2020 $24,000 $20,000 Instructions: Calculate the following: a. Total short-term capital gain/loss realized for tax purposes b. Total long-term capital gain/loss realized for tax purposes c. Deductible capital gain/loss d. The amount and nature (short-term or long-term) of his capital loss carryforward
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