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Mr. and Mrs. Revel had $206,200 AGI before considering capital gains and losses. On May 8, they recognized an $8,900 short-term capital gain. On June
Mr. and Mrs. Revel had $206,200 AGI before considering capital gains and losses.
- On May 8, they recognized an $8,900 short-term capital gain. On June 25, they recognized a $15,000 long-term capital loss. What is the amount and character of each carryforward?
- On February 11, they recognized a $2,100 long-term capital gain. On November 3, they recognized a $1,720 long-term capital loss. What is the amount and character of each carryforward?
- On April 2, they recognized a $5,000 long-term capital loss. On September 30, they recognized a $4,800 short-term capital loss. What is the amount and character of each carryforward?
- On January 12, they recognized a $5,600 short-term capital loss. On July 5, they recognized a $1,500 long-term capital gain. What is the amount and character of each carryforward?
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