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QUESTIONS Gertrude has the following long-term capital gains and losses for 2020: $26,000 28% gain, $5,000 28% loss, $32,000 25% gain, and $12,000 0%/15%/20% gain.

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QUESTIONS Gertrude has the following long-term capital gains and losses for 2020: $26,000 28% gain, $5,000 28% loss, $32,000 25% gain, and $12,000 0%/15%/20% gain. She also has a $38,000 short-term loss and a $32,000 short-term gain. She has no other income. What is the amount and character of her gain? O A. ($6,000) S/T; $21,000 @ 28%; $32,000 @ 25%; $12,000 @ 0/15/20% O B. $59,000 @ 28% OC. $15,000 @ 28%; $32,000 @ 25% and $12,000 at 0/15/20% OD. ($6,000) S/T; $65,000 @ 0/15/20% E. $15,000 @ 28%; $32,000 @ 25% and $12,000 at 0/15/20%

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