[6] Ms. Tyler rents her vacation home during the winter, In the current year, she...
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[6] Ms. Tyler rents her vacation home during the winter, In the current year, she used the vacation home for 16 days and rented it for 11 davs. Tnta. A. $1,500 B. $0 C. $1,100 D. $1,200 [7] During the year, Nate and Olivia, a married couple filing jointly, had ordinary income totaling $60,000, In addition. they had short-term capital losses of $2,000 and long-term capital losses of $8.600. What amount can Nate and Olivia report as a long-term capital loss carryover to the following year? A. $7,600 C. $0 D. $6,600 [8] Larry purchased Boston Celtic stock for $6,000 from his brother Kevin. Kevin had a basis in the stock of $10,000 but could not recognize his loss on the sale. Larry later sold the stock for $12,000. How mueh gain must Larry recognize on the subse $6.000 B. $2.000 C. $12.000 D. $4,000
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