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What is the amount and nature of stephanie capital gains

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Reference no: EM132929919

Problem 1: In 2018, Stephanie had the following capital gains (losses) from the sale of her investments: $2,000 LTCG, $25,000 STCG, ($9,000) LTCL, and ($15,000) STCL. What is the amount and nature of Stephanie's capital gains and losses?

A) $3,000 net short-term capital gain.
B) $3,000 net long-term capital loss.
C) $4,000 net short-term capital gain.
D) $4,000 net long-term capital loss.
E) None of the choices are correct.

Reference no: EM132929919

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