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  3. during the year, tim has the following sales trans

During the year, Tim has the following sales transactions: Long term capital gains ...

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Accounting

During the year, Tim has the following sales transactions:

Long term capital gains $10,000

Long term capital losses - 6,000

Short term capital gains 10,000

Short term capital losses - 6,000

Section 1231 (business property) long-term gains 6,000

How much capital gain income does Tim have that benefits from decreased tax rates?

None of the other answers is correct

$10,000

$0

$4,000

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