In this situation where Liana Amiri, who is single with no dependents, carried out the stated capital transactions in 2021, her net capital gain or loss is <u>$0</u>.
<h3>What is capital gain or loss?</h3>
The capital gain or loss is the difference between the selling price and the cost or purchase price of an investment or property.
When the selling price is more than the cost, a capital gain arises. When the cost is more than the selling price, a capital loss arises.
<h3>Data and Calculations?</h3>
AGI (exclusive of capital gains and losses) $540,000
Long-term capital gain $22,000
Long-term capital loss (8,000)
Net long-term capital gain = $4,000
Short-term capital gain $19,000
Short-term capital loss (23,000)
Net short-term capital loss $4,000
Thus, Liana Amiri's net capital gain or loss is $0 ($4,000 - $4,000).
Learn more about capital gain or loss at brainly.com/question/25117603
