Antoinette has the following net § 1231 results for each of the years shown: Tax
ID: 2497698 • Letter: A
Question
Antoinette has the following net § 1231 results for each of the years shown:
Tax Year
Net § 1231 Loss
Net § 1231 Gain
2010
$33,000
2011
$15,000
2012
$3,000
2013
$28,000
2014
$52,000
2015
$12,000
What would be the nature of the net gains in 2013, 2014, and 2015? If an amount is zero, enter 0.
Total
Net § 1231
Gain
Amount
Treated as
Ordinary
Income
Amount
Treated as
Long-Term
Capital Gain
2013
$28,000
_________$
_________$
2014
$52,000
_________$
_________$
2015
$12,000
_________$
_________$
Tax Year
Net § 1231 Loss
Net § 1231 Gain
2010
$33,000
2011
$15,000
2012
$3,000
2013
$28,000
2014
$52,000
2015
$12,000
Explanation / Answer
Total
Net § 1231
Gain
Amount
Treated as
Ordinary
Income
Amount
Treated as
Long-Term
Capital Gain
2013
$28,000
____0_____$
_____0____$
2014
$52,000
____0_____$
___29000__$
2015
$12,000
____0_____$
__12000_$
Total
Net § 1231
Gain
Amount
Treated as
Ordinary
Income
Amount
Treated as
Long-Term
Capital Gain
2013
$28,000
____0_____$
_____0____$
2014
$52,000
____0_____$
___29000__$
2015
$12,000
____0_____$
__12000_$
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