Solution-What are the tax consequences for robin transaction

What are the tax consequences for robin transaction

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Reference no: EM132468486

Robin had the following capital transactions in 2018:

LTCG $10,000

LTCL 8,000

STCG 2,000

STCL - 0 -

Question 1: Robin also had a net long-term capital loss in 2017 of $2,000, which it could not use, and ordinary income of $13,000. What are the tax consequences in 2018 if:

a. Robin is an individual.

b. Robin is a C corporation.

c. Robin is an S corporation.

Reference no: EM132468486

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What are the tax consequences for robin transaction

Reference no: EM132468486

Reference no: EM132468486

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