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O000 Mark for follow up Question 33 of 75. Which of the following statements regarding...

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O000 Mark for follow up Question 33 of 75. Which of the following statements regarding the reporting of sales of stock is NOT true? If the total of sales of stock in the same year result in a loss, the sales are not reported on the taxpayer's return. Short-term and long-term capital gains and losses are reported on Form 8949 and carried to Schedule D. Total capital gain is computed by combining net short-term gains and losses and net long-term gains and losses. Under certain circumstances, short-term and long-term capital gains and losses may be aggregated and reported directly on Schedule D. Mark for follow up Question 34 of 75. Jane purchased the following shares of Alpine stock: 54 shares for $1,546.49 in 2014. 67 shares for $1,798.59 in 2015. 98 shares for $2,435.37 in 2016. She sold 133 shares of Alpine in 2018 and did not identity which shares she sold. What basis should she use for computing gain or loss? $3,355 O $3,497 $3,511 $3,643 Mark for follow up Back Save / Retum Later Summary Next

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