In 2020, Rosalva sold stock considered short-term for a gain of $1,200 and stock considered long-term for a loss of $3,530. She also had a $3,160 short-term loss carryover from 2019 and a $1,445 long-term loss carryover from 2019.
- What is the amount that will be shown as a short-term gain (loss) for 2020?
- What is the amount that will be shown as a long-term gain (loss) for 2020?
- How much of the loss is deductible in 2020?
- What is the amount of long-term carryover to 2021?