What are the Federal income tax consequences

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Reference no: EM132673441

Problem - Robin incurred the following capital transactions in 2019.

LTCG $10,000

LTCL 8,000

STCG 2,000

STCL -0-

Robin also reported a net long-term capital loss in 2018 of $2,000, which it couldnot use, and ordinary income of $13,000. What are the Federal income tax consequences in 2018 if Robin is:

a. An individual.

b. A C corporation.

c. An S corporation.

Reference no: EM132673441

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