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Determine the net long-term capital gain

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Question - An individual has a $40,000 § 1245 gain, a $35,000 § 1231 gain, a $33,000 § 1231 loss, a $3,000 § 1231 lookback loss, and a $15,000 long-term capital gain. Determine the net long-term capital gain?

Reference no: EM132873095

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