Nonqualified sale Disqualifying disposition C Mark for follow up Question 27 of 75. A taxpayer brings in a Form 1099-B showing $7,521 in net proceeds from the May 20, 2018, sale of non-covered shares What are all of the other items you need to know to report the transaction? The date(s) the asset was acquired and the asset basis on the sale date. O Whether the client sold stocks or mutual funds. O The asset basis on the sale date. The purchase price paid for the securities. Mark for follow up Question 28 of 75. Jan purchased 100 shares of Novell stock for $12 a share on September 10, 2017. On August 29, 2018, the price fallen to $9. Concerned that the price might decline further, Jan sold all her shares that day. On September 26, 2 she re-purchased the stock when it was $11 a share. What is Jan's 2018 capital gain or loss on these transactio O O $0. $100 short-term loss. $300 long-term loss