Liana Amiri (single with no dependents) has the following transactions in 2022: What is Lianas net capital gain or loss?
Liana Amiri (single with no dependents) has the following transactions in 2022:
What is Liana’s net capital gain or loss? Draft a letter to Liana describing how the net capital gain or loss will be treated on her tax return. Note that Liana’s income from other sources puts her in the 37% tax bracket. Liana’s address is 300 Ireland Avenue, Shepherdstown, WV 25443.
Transcribed Image Text:
AGI (exclusive of capital gains and losses)
Long-term capital gain
Long-term capital loss
Short-term capital gain
Short-term capital loss
Net long term capital gain 22 000 8 000 long term loss Net short term capital loss 19 000 23 000 Net …View the full answer
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.