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Fact Pattern: During 2019, Stacy, who is single and has no dependents, sold the following shares of stock: Stock Date Purchased Adjusted Basis Date Sold

Fact Pattern: During 2019, Stacy, who is single and has no dependents, sold the following shares of stock: Stock Date Purchased Adjusted Basis Date Sold Sales Proceeds Alpha Corp. 12/2/17 $3,500 6/29/19 $1,100 Beta Corp. 7/11/17 2,000 4/15/19 100 Delta Corp. 5/27/18 3,000 5/26/19 1,500 Gamma Corp. 1/22/19 1,500 7/28/19 200 Stacys ordinary income for 2019 is $500. What are the amount and the character of Stacys capital loss carryover to 2020?

$2,800 short-term; $1,300 long-term (28% basket).

$0 short-term; $6,600 long-term.

$2,300 short-term; $1,900 long-term (28% basket); $2,400 long-term.

$2,300 short-term; $4,300 long-term (28% basket).

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