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Matthew had the follow gains and losses on his 2020 tax return. After the netting process, how will the gains/losses be taxed in 2020? Short-term
Matthew had the follow gains and losses on his 2020 tax return. After the netting process, how will the gains/losses be taxed in 2020? Short-term Gain $8,000 Short-term Loss ($5,000) Long-term 28% Gain $4,000 Long-term 28% Loss ($2,000) Long-term 25% Gain $8,000 Long-term Capital Gain (0/15/20) $ 15,000 Long-term Capital Loss (0/15/20) ($20,000) Matthew had the follow gains and losses on his 2020 tax return. After the netting process, how will the gains/losses be taxed in 2020? Short-term Gain $8,000 Short-term Loss ($5,000) Long-term 28% Gain $4,000 Long-term 28% Loss ($2,000) Long-term 25% Gain $8,000 Long-term Capital Gain (0/15/20) $ 15,000 Long-term Capital Loss (0/15/20) ($20,000)
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