The Capital Gains (Losses)netting Process for Taxpayers Without 25 or 28

question 41

True/False

The capital gains (losses)netting process for taxpayers without 25 or 28 percent capital gains requires them to (1)net short-term and long-term gains, (2)net short-term and long-term losses, and (3)net the outcome to yield a final gain or loss to place on the tax return.