PLEASE ANSWER ALL VSISBLE QUESTIONS, THANKS * / Take Test: Final Examinatio... x

Question

PLEASE ANSWER ALL VSISBLE QUESTIONS, THANKS

* / Take Test: Final Examinatio... xG *C - O X + t + 6 D. = https://bb.uhd.edu/webapps/assessment/take/launch.jsp?course_assessment_id=_113786_1&course;_id=_55067_18&content;_id=_13194 ve Search » Show Timer * Question Completion Status: 2 points save Answer QUESTION 14 Alvin has a Net Long-Term Capital Gain (NLTCG) of $4,800 and a Net Short-Term Capital Loss (NSTCL) of $4,000. What is Alvin's 2015 Adjusted Gross Income (AGI) if Alvin's Adjusted Gross Income (AGI) for 2015 (before considering Capital Asset transactions) is $40,000? 0 $37,000. O $42,200. O $40,000. O $40,800. 2 points Save Answer QUESTION 15 A 2015 Schedule D (Form 1040) would show a 28% Gain in both columns (f) and (g) of Part II. O True o False 2 points save Answer QUESTION 16 The 25% Long-Term Capital Gain is technically called the Unrecaptured Section 1250 of the Internal Revenue Code Gain. O True O False Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit = P O - Ó O P + 2 A 60 I W O e N O O ^ a q) 12/6/2017 Y 10:54 PM -

Explanation / Answer

14) Net Long Term Capigal Gain =$4,800

Less: Net Short Term Capital Loss =$ 4,000

Add:Adjusted Gross Income before capital gains =$40,000

Answer = $40,800

15) True

16) True

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.