9.Hestia (age 17) is claimed as a dependent by her parents, Rhea and Chronus. In...
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9.Hestia (age 17) is claimed as a dependent by her parents, Rhea and Chronus. In 2021, Hestia received $1,000 of interest income from a corporate bond that she owns. In addition, she has earned income of $200. What is her taxable income for 2021?
$650
$100
$1,200
$0
During the current year, Nancy had the following transactions: Short-term capital loss ($1,800) Short-term capital gain 3,600 Short-term capital loss carryover from last year ( 2,200) Long-term capital gain 7,000 Long-term capital loss (15,000) What is the amount of her capital loss carryover to the next year? $5,000 carryover O $5,400 carryover O Carryover $ 0 Carryover $8,400 carryover
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