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Need C Mr. and Mrs. Revel had $213,200AGI before considering capital gains and losses. Required: a. On May 8, they recognized an $11,850 short-term capital
Need C
Mr. and Mrs. Revel had $213,200AGI before considering capital gains and losses. Required: a. On May 8, they recognized an $11,850 short-term capital gain. On June 25, they recognized a $16,125 long-term capital loss. What is the amount and character of each carryforward? b. On February 11, they recognized a $2,850 long-term capital gain. On November 3, they recognized a $2,010 long-term capital loss, What is the amount and character of each cartyforward? c. On April 2, they recognized a $6,050 long-term capital loss. On September 30, they recognized a $5,275 short-term capital loss. What is the amount and character of each carfyforward? d. On January 12, they recognized a $6,325 short-term capital loss. On July 5 , they recognized a $2,190 long-term capital gain. What is the amount and chatacter of each carryforward? You received partial credit in the previous attempt. What is the amount and character of each carryforward? c. On April 2, they recognized a $6,050 long-term capital loss. On September 30 , they recognized a $5,275 short-term What is the amount and character of each carryforward? d. On January 12 , they recognized a $6,325 short-term capital loss. On July 5 , they recognized a $2,190 long-term capit the amount and character of each carryforward? Complete this question by entering your answers In the tabs below. On April 2, they recognized a $6,050 long-term capital loss. On September 30, they recognized a $5,275 short-term capital loss. What is the amount and character of each carryforward? Note: Select No carryforward if there is none Step by Step Solution
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