I think the answer is <span>2P = 12,000 but I might be wrong
</span>
3:15 because its till 3 o'clock and in each 1 theres 5 inside so 3x 5 = 15.
Thats how I got the answer 3:15 o'clock.
Hoped it help! :D
Question options:
A. He should report them directly on form 1040
B. He should report them on form 8949 and then on schedule D
C. He should report them on schedule D
D. He is not required to report them until he sells the underlying securities
Answer:
B. He should report them on form 8949 and then on schedule D
Explanation:
John has shares which have capital gains from a mutual fund and a brokerage account. In order to report his taxes, he would need to use the Schedule D(form 1040) for his mutual fund capital gains and the form 8949 for his brokerage capital gains. The brokerage capital gains is then transferred to schedule D.
