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Immediately after the results of the bankruptcy proceedings in 2018, Mark sold his entire individual stock portfolio for $5,488.He held on to all other investments,

Immediately after the results of the bankruptcy proceedings in 2018, Mark sold his entire individual stock portfolio for $5,488.He held on to all other investments, including the mutual funds and the land.He had no other capital gains or losses for 2018.

At the end of the year, Mark has asked you to prepare his tax return. Mark has returned an input sheet to you partially filled out, reflecting his items of income and loss, to the extent he could figure them out.You will help them complete the missing fields:

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Income Portfolio Taxable Income Elements Wages 225,000 Investment Income 1,200 Rental Losses Allowed (36,500) Gain / Loss on property A Gain / Loss on property B Gain / Loss on property C COD Income Included Capital gains & Losses Net Operating Loss Capital Loss Carryover

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