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Geranium, Inc., has the following net 1231 results for each of the years shown: Tax Year Net 1231 Loss Net 1231 Gain 2010 $18,000 2011

Geranium, Inc., has the following net 1231 results for each of the years shown:

Tax Year Net 1231 Loss Net 1231 Gain
2010 $18,000
2011 33,000
2012 42,000
2013 $41,000
2014 30,000
2015 41,000

What is the nature of the net gain in 2013, 2014, and 2015?

If an amount is zero, enter "0".

Total Net 1231 Gain Amount Treated as Ordinary Income Amount Treated as Long-Term Capital Gain
2013 $41,000 $ $
2014 30,000
2015 41,000

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