An unmarried taxpayer sells the following capital assets during the year. ...

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Accounting

An unmarried taxpayer sells the following capital assets during the year.

Property

Date acquired

Date sold

Sales price

Adjusted basis

1

6/4/13

4/6/14

10,000

14,000

2

1/8/12

12/15/14

15,000

17,000

The taxpayer carries over to the next tax year:

a $4,000 short-term capital loss.

a $1,000 short-term capital loss and a $2,000 long-term capital loss.

a $3,000 short-term capital loss.

a $2,000 short-term capital loss and a $1,000 long-term capital loss.

a $3,000 long-term capital loss.

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