In 2009,Jenny Had a $12,000 Net Short-Term Capital Loss and Deducted

question 99

Multiple Choice

In 2009,Jenny had a $12,000 net short-term capital loss and deducted $3,000 as a capital loss deduction.In 2010,Jenny has a $16,000 0%/15% long-term capital gain and no other capital gain or loss transactions.Which of the statements below is correct?

• A)Jenny has a 2010 $18,000 net capital gain.
• B)Jenny has a 2010 $7,000 net capital gain.
• C)Jenny has a 2010 $7,000 net capital loss.
• D)Jenny has a 2010 $3,000 capital loss deduction.
• E)Jenny has a 2010 $7,000 capital loss deduction.

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Definitions:

Alternative Work Arrangements

Employment setups differing from traditional full-time, on-site jobs, such as telecommuting, flexible schedules, or part-time work.

Diverse Workforce

Refers to a workplace that includes employees with a wide range of characteristics, such as race, gender, age, cultural background, and more.

Changing Content

The alteration or modification of information, materials, or topics to adapt to new requirements or audiences.

Type A

A personality type characterized by competitiveness, self-criticism, time urgency, and a heightened response to stress.