Taxpayer, whose taxable income is $100,000 in each of the years listed (determined without regard to the capital gains and losses reflected below), has the following long and short term capital gains and losses during the tax years indicated below (all numbers below are for gains/losses actually recognized, i.e., do not reflect any carryovers from one year to the next, and there are no carryovers of LTCL or STCL from years preceding 2018):

a) What is the taxpayer's net short term capital gain for Year 2018?

b) What is the taxpayer's net long term capital loss for Year 2019?

c) Is there a capital loss carryforward from year 2020 to year 2021? If so, what is its amount and character?

Year STCG STCL 2018 LTCG 15,000 7,000 100 LTCL 22,000 16,000 8,700 8,600 25,000 2019 10,000 2020 800 1,600