During 2010,Trevor Has the Following Capital Transactions: After the Netting

question 47

Multiple Choice

During 2010,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 2011 of $3,000.
• D)LTCG of $2,000.
• E)None of the above.

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