tion 43 of 75 be considered a trader in securities for tax purposes, the trading activity must meet three general requirements f the following is not one of the three general requirements? . Which O Activity must be substantial. O Transactions must be for a large amount. O Transactions must be regular and continuous. Transactions must be intended for short-term swings Mark for follow up Question 44 of 75 Alex purchased 200 shares of ABC stock on June 2, 2016, for $1,200. In November 2017, ABC issued a 10% stock dividend. How many shares does Alex own now, and what is his basis? O 220 shares, $1,080 basis. O 220 shares, $1.200 basis. 220 shares, $1.320 basis. O 220 shares, $1,452 basis Mark for follow up Question 45 of 75 Which of the following statements regarding the reporting of sales of stock is true? Short-term and long-term capital gains and losses are reported on Form 8949 and carried to Schedule D. Q Total canital gain is computed by combining net short-term gains and losses and net long-term gains and losses Question 44 of 75 Alex purchased 200 shares of ABC stock on June 2, 2016, for $1,200. In November 2017, ABC issued a 10% stock dividend. How many shares does Alex own now, and what is his basis? O 220 shares, $1,080 basis. O 220 shares, $1,200 basis. 0 220 shares, $1.320 basis. O 220 shares, $1,452 basis. Mark for follow up Question 45 of 75 Which of the following statements regarding the reporting of sales of stock is true? Short-term and long-term capital gains and losses are reported on Form 8949 and carried to Schedule D O Total capital gain is computed by combining net short-term gains and losses and net long-term gains and losses. Under certain circumstances, short-term and long-term capital gains and losses may be aggregated and reported directly orn Schedule D. O All of these statements are true. Mark for follow up Next Save / Return LaterSummary