For the current year, Sarah has salary of 50,000. In addition, she has the following capital transactions:

Long-term capital gain (15%) 12,000

Short-term capital gain 8,000

Long-term capital loss (28%) (4,000)

Short-term capital loss (10,000)

What is her taxable income for the year? She has a short-term capital loss carry-over of 5,000 from the previous year. The standard deduction amount for her is 12,000

Question 6 options:

	37,000
	39,000
	49,000
	59,000
	None of the above