Question: Please provide working To better understand the rules for offsetting capital losses and how to treat capital losses carried forward, analyze the following data for
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 2013through 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. f a box is not used in the table leave the box empty do not enter a zero Enter loss amounts as a positive number) 2013 AGI(excluding property 44,000 transactions) STCG 10,750 STCL LTCG 8,750 LTCL AGI(including property transactions) STCL to be carried forward LTC to be carried forward
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