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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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