Question: What would be the capital gain or loss amount reported on a return if each year builds off of the each other? Year 1 Capital
What would be the capital gain or loss amount reported on a return if each year builds off of the each other?
Year 1 Capital Gains $25,000; Capital Losses 38,000
Year 2 Capital Gains $15,000; Capital Losses 12,000
Year 3 Capital Gains $80,000; Capital Losses $40,000
Year 4 Capital Gains $30,000; Capital Losses 2,000
Year 5 Capital Gains $20,000; Capital Losses $25,000
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