Question
What is Capital Asset? Holding Period of Gain or Loss, Net Capital Losses Charu Khanna Received a Form 1099-B Showing the following stock transaction and
What is Capital Asset? Holding Period of Gain or Loss, Net Capital Losses
Charu Khanna Received a Form 1099-B Showing the following stock transaction and basic during 2021:
Stock Date Purchased Date Sold Sale price Cost Basis
4000 Shares Green Co 06/04/10 08/05/21 $12000 $3000
500 Shares Gold co 02/12/21 09/05/21 5000 62000
5000 Shares Blue Co 02/04/11 10/08/21 16000 22000
100 Shares Orange Co 11/05/20 07/21/21 20000 18000
None of the stock is qualified business stock. The stock basis was reported to the IRS
Calculate the Charus net capital or loss using Schedule D and Form 8949
Enter all amounts as positive numbers and expect for loss. If required, enter a loss as a negative on the tax form. If an amount is zero, enter0. If the answer is Not applicable, Select NA from the drop-down list.
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