Aamir Has $25,000 of Net Sec

question 90

Multiple Choice

Aamir has $25,000 of net Sec.1231 gains this year on business assets.In addition,he incurred $18,000 of loss on the sale of stock held six months.Aamir will include in his AGI

• A)$3,000 short-term capital loss and $25,000 ordinary gain.
• B)$22,000 net capital gain.
• C)$7,000 net capital gain.
• D)$7,000 short-term capital gain.

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