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
VashaNatasha [74]
3 years ago
12

In the previous tax year, Albert had a long-term loss carryover of $4,500, he had a current year long-term gain of $1,480, and h

e claimed the maximum long-term loss allowed ($3,000) on Schedule D in the previous tax year. Albert had a $591 short-term loss in the current year. What is the amount of long-term gain or loss Albert will be able to claim on Schedule D this year after using the carryover loss from the previous year?
Law
1 answer:
Alecsey [184]3 years ago
6 0

Answer: -$611

Explanation:

Long term capital loss = -$1500

Add: Current Capital gain = $1480

Less: short term capital loss = -$591

Therefore, the amount of long-term loss that Albert will be able to claim on Schedule D this year after using the carryover loss from the previous year would be:

= -$1500 + $1480 - $591

= -$611

You might be interested in
Measurement of public opinion??
Sunny_sXe [5.5K]

Answer:

reflection of de number uses of to which it can be put public opinion can be accurately obtained through surveys sampling both private firms and government use survey to inform public policies nd public relations

3 0
3 years ago
List and explain the four adaptive role orientations most commonly used by new inmates who are entering prison for the first tim
Marianna [84]

Answer:

IM SO SORRY I RLLY NEED THESE POINTS

Explanation:

4 0
3 years ago
Sc friends.... only 14 and uppp
djverab [1.8K]

Answer:

?

Explanation:

What do you mean.

People 14 and up who live in South Carolina?

5 0
2 years ago
Lila Ram in 1958 won the first gold medal in wrestling for India.it was at-
Phantasy [73]

Answer:

Language

Watch

Edit

Lila Ram Sangwan (30 November 1930 – 11 October 2003) was an Indian wrestler from Charkhi Dadri district of Haryana, who was the first Indian to win a gold medal in the Commonwealth Games. He won gold medal in the heavyweight (100 kg) category in the 1958 British Empire and Commonwealth Games. Lila Ram competed in the freestyle wrestling in heavyweight and super heavyweight categories at the national as well as international level.[4]

3 0
3 years ago
Read 2 more answers
Do you agree with the Supreme Court that donating money is speech, and therefore can't be regulated?
Natali5045456 [20]

Answer:

Yes

Explanation:

Do we have to write the reason type in yes in the comments then I will write down the reason or no then I will not type the reason

Hope this hellped

7 0
3 years ago
Other questions:
  • Name the government agency whose information is valuable in tracing assets, establishing conflicts of interest, identifying dumm
    12·2 answers
  • When turning left, watch for ____, who are frequently struck by left-turning vehicles.
    7·2 answers
  • A person who studies of the causes and effects of disease is
    5·1 answer
  • Which kind of question would a civil trial most likely try to answer?
    10·2 answers
  • Which of these action would be protected by the first amendment
    8·2 answers
  • The types of cases a court can hear is referred to as its
    14·2 answers
  • A court rules that a state’s method of executing prisoners causes too much pain and must be changed. What part of the bill of ri
    5·1 answer
  • What is sector 320?<br>​
    6·1 answer
  • A. Explain right-of-way rules for navigating a roundabout. B. As the driver of the red SUV, what are your options for navigating
    5·1 answer
  • Why is it extremely important that people have confidence in the court system​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!