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Taxpayer has the following gains and losses for the year: Short-term capital loss $2,000 Long-term capital gain $10,000 1231 gains $20,000 1231 losses $25,000
Taxpayer has the following gains and losses for the year: Short-term capital loss $2,000 Long-term capital gain $10,000 1231 gains $20,000 1231 losses $25,000 What is the taxpayer's net capital gain position for the year? O $7,000 STCL O $3,000 LTCG O $8,000 LTCG O $10,000 LTCG
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