Question: Scott Bean is a computer programmer and incurred the following transactions last year. Provo City Bonds Cisco Preferred Stock Dreyer's Grand Ice Cream Stock Novell
Scott Bean is a computer programmer and incurred the following transactions last year. Provo City Bonds Cisco Preferred Stock Dreyer's Grand Ice Cream Stock Novell Common IBM Stock ABC Common Prior year ST Capital Loss Carryforward Prior year LT Capital Loss Carry forward Sales Price $10,100 24,800 14,100 2,050 4,050 6,200 5,650 5,050 Basis $ 5,050 6,100 10,050 9,800 3,109 9,050 Purchased Sold 11/1/2014 5/2/2018 7/15/2009 1/12/2018 7/1/2017 4/20/2018 2/12/2015 11/29/2018 8/2/2006 5/2/2018 5/30/2016 10/20/2018 "Purchased when originally issued by Provo City What is the Net Short-Term Capital Gain Loss reported on the 2018 Schedule D? What is the Net Long-Term Capital Gain Loss reported on the 2018 Schedule D? What amount of capital gain is subject to the preferential capital gains rate
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