Question 33 of 75. Which of the following statements regarding the reporting of sales of stock is NOT true? If the total of sales of stock in the same year result in a loss, the sales are not reported on the taxpayer's return O Short-term and long-term capital gains and losses are reported on Form 8949 and carried to Schedule O Total capital gain is computed by combining net short-term gains and losses and net long-term gains and losses O Under certain circumstances, short-term and long-term capital gains and losses may be aggregated and reported directly on Schedule D