1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frosja888 [35]
3 years ago
10

John owns shares in a mutual fund and shares of individual stocks in his brokerage account. The Form 1099-DIV from the mutual fu

nd indicates $2,000 of capital gains distributions and the form from the brokerage firm indicates $6,000 of capital gains distributions. The brokerage statement also indicated a long term capital loss of $1,850 on a stock sale. How should John report the capital gains distributions?
Mathematics
1 answer:
Bond [772]3 years ago
7 0

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.

You might be interested in
Please help simplify 5y + 3 + 8y - 2
expeople1 [14]

Answer:

13y + 1

Step-by-step explanation:

8y + 5y = 13y

3 - 2 = 1

13y + 1

4 0
3 years ago
Read 2 more answers
Solve for x and round to the nearest tenth
Kruka [31]

Answer:

i think its 18 :))

8 0
3 years ago
-7(-9) need help again
sdas [7]

Answer:

63

Step-by-step explanation:

-7 * -9 = 63

negative times negative is always positive:)

8 0
3 years ago
Read 2 more answers
The length of the hypotenuse of a right triangle is three times the length of the shorter leg. The length of the longer leg is 1
k0ka [10]

Answer:

D

Step-by-step explanation:

Say the short leg is x and the hypotenuse is y. Then, y = 3x (because "The length of the hypotenuse of a right triangle is three times the length of the shorter leg.")

Use the Pythagorean Theorem: a^2 + b^2 = c^2 (where a and b are the legs and c is the hypotenuse). Here, we can say a = x and b = 12 and c = y. So:

x^2 + 12^2 = y^2

x^2 + 144 = (3x)^2

x^2 + 144 = 9x^2

8x^2 = 144

x^2 = 18

x = \sqrt{18} =3\sqrt{2}

The answer is D.

Hope this helps!

5 0
3 years ago
Read 2 more answers
Next in sequence 9/16, -9/8, 9/4, -9/2, 9, ?
pogonyaev

Answer:

-18

Step-by-step explanation:

*2, *(-2), *2, *(-2) ...

6 0
2 years ago
Other questions:
  • Solve 2x2 + 20x = −38.
    7·1 answer
  • casie made a picture graph to record the points that third grade students scored on a test. Mrs wilson group scored 40 Points in
    7·1 answer
  • 4. Corrupt professor Z has a class of 50 students. He needs to give exactly 10 A's. However five students already have a special
    12·1 answer
  • What are the three first multiples of 5/9
    11·1 answer
  • F(x) = 3x + 2 and g(x) = x + 5
    7·1 answer
  • 5.28 + 2.4 + what equals to 7.32
    12·1 answer
  • What is the answer 1 - 0.5137
    12·2 answers
  • PLEASE HELP! 50 POINTS ON THE LINE!
    8·1 answer
  • Help meeeee pleaseeeeeeeeeeeee
    7·1 answer
  • Kate bought 5 pounds of hamburger and 2 pounds of hotdogs and paid $28.50. Eric bought half the amount of hamburger and a fourth
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!