Question: PLEASE FILL IN THE BOXES WITH THE CORRECT NUMBERS To better understand the rules for offsetting capital losses and how to treat capital losses carried

PLEASE FILL IN THE BOXES WITH THE CORRECT NUMBERS

PLEASE FILL IN THE BOXES WITH THE CORRECT NUMBERS To better understand

the rules for offsetting capital losses and how to treat capital losses

To better understand the rules for offsetting capital losses and how to treat capital losses carried forward, analyze the following data for an unmarried individual for the period 2013 through 2016. No capital loss carryforwards are included in the figures. Requirement For each year, determine AGI and the capital losses to be carried forward to a later tax year. (If a box is not used in the table leave the box empty, do not enter a zero. Enter loss amounts as a positive number.) 2015 2013 2014 AGI (excluding property 56,000 s 66,000 76,000 s 86,000 transactions) 2,000 13,000 STCG 6,000 6,500 9,500 5,500 STCL 2,000 14,000 8,750 4,700 6,500 LTCG 8,000 4,000 23,500 11,000 LTCL 5,250

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