Question 5: Short answers, a, b, and c are unrelated. a) Fill in the table below and answer the following question Stock Stock A Stock B Stock C Stock D Date Bought 12/22/2018 C. 1/11/2011 2/2/2023 9/5/2023 Basis 5000 1000 3000 10000 Date Sold 1/22/2023 Proceed 1000 1/11/2023 3000 5/10/2023 10000 10/5/2023 8000 Amount realized What is the net capital gain/loss and is it LT (long-term) or ST (short-term)? If no netting is needed, write "No netting needed, the total LT is..., the total ST is ..." LT/ST b) If I am a restaurant owner, what might be some deductions that are directly related to business activities? List at least 5 items. a. Alternative Minimum Tax (AMT) b. Earned income tax credit Deduction for Qualified Business Income (DQBI) c) Describe the individual who is very likely to have the following additional tax liabilities/tax benefits scenario below?

Question 5: Short answers; a, b. and c are unrelated a) Fill in the table below and answer the following question What is the net capital gain/loss and is it LT (long-term) or ST (short-term)? If no netting is needed. write "No netting needed, the total LT is..., the total ST is ..." b) If I am a restaurant owner, what might be some deductions that are directly related to business activities? List at least 5 items. c) Describe the individual who is very likely to have the following additional tax liabilities/tax benefits scenario below? a. Alternative Minimum Tax (AMT) b. Earned income tax credit c. Deduction for Qualified Business Income (DQBI)