In 2014,Jenny Had a $12,000 Net Short-Term Capital Loss and Deducted

question 72

Multiple Choice

In 2014,Jenny had a $12,000 net short-term capital loss and deducted $3,000 as a capital loss deduction.In 2015,Jenny has a $18,000 0%/15%/20% long-term capital gain and no other capital gain or loss transactions.Which of the statements below is correct?

• A)Jenny has a 2015 $18,000 net capital gain.
• B)Jenny has a 2015 $9,000 net capital gain.
• C)Jenny has a 2015 $9,000 net capital loss.
• D)Jenny has a 2015 $3,000 capital loss deduction.
• E)Jenny has a 2015 $9,000 capital loss deduction.

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Definitions:

Coughing

A sudden, often repetitive, expulsion of air from the lungs through the throat and mouth, sometimes involuntarily, as a reflex action.

Coronary Arteries

The arteries that supply blood to the heart muscle, crucial for providing the necessary oxygen and nutrients.

Chest Pain

A symptom that can be caused by a variety of conditions, ranging from heart-related issues to digestive problems, requiring immediate medical evaluation in serious cases.

Shortness of Breath

A feeling of not being able to breathe well enough, which can be a sign of various medical conditions, including heart and lung issues.