During 2011,Trevor Has the Following Capital Transactions: After the Netting

question 97

Multiple Choice

During 2011,Trevor has the following capital transactions: After the netting process,the following results:

• A) Long-term collectible gain of $2,000.
• B) LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL of $6,000.
• C) LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL carryover to 2012 of $3,000.
• D) LTCG of $2,000.
• E) None of the above.

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