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In 2018, Jenny, a single taxpayer, had a $15,000 net short-term capital loss and taxable...

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Accounting

In 2018, Jenny, a single taxpayer, had a $15,000 net short-term capital loss and taxable income of $120,000. In 2019, Jenny has an $18,000 long-term capital gain on one transaction and no other capital gain or loss transactions. Which of the statements below is correct?

a. Jenny has a 2019 $18,000 net capital gain. b. Jenny has a 2019 $9,000 net capital loss. c. Jenny has a 2019 $9,000 net capital gain. d. Jenny has a 2019 $3,000 capital loss deduction. e. Jenny has a 2019 $6,000 net capital gain.

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