In 2015, Rosalva sold stock considered short-term for a gain of $1150 and stock considered long-term for a loss of $4140. she also had a $3950 short-term loss carryover from 2014 and a $1460 long-term loss carryover from 2014.
a. what amount will be shown as a short-term gain (loss) for 2015?
b. What amount will be shown as a long-term gain (loss) for 2015?
c. How much of the loss is deductible in 2015?
d. What is the amount of long-term carryover to 2016?
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