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Ed Elsewhere has the following capital gains and losses during 2014 as a result of sales of shares of stock.What is the net effect of

Ed Elsewhere has the following capital gains and losses during 2014 as a result of sales of shares of stock.What is the net effect of the gains and losses on Ed's tax return in each of the following cases?

a)STCG $1,500

STCL($2,250)

LTCG $5,500

LTCL ($2,500

b)STCG $6,000

STCL ($4,500)

LTCG $0

LTCL ($750)

c)LTCL ($4,000)

LTCG $8,500

STCL ($2,250)

STCG $3,000

d)LTCG $750

LTCL ($2,250)

STCG $900

STCL ($800)

e)LTCG $3,500

LTCL ($3,000)

STCG $2,000

STCL ($6,500)

f)LTCL ($4,250)

LTCG $250

STCL ($2,500)

STCG $500

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