Discuss what is his recognized gain

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Chuck had a short-term capital loss of $5,000, a short-term capital gain of $1,900, a short-term capital loss carryover from 2015 of $700, a long-term capital gain of $1,200, and a long-term capital loss of $1,000.

What is net gain (loss) for 2015? What is his recognized gain (Loss) for 2015?

What is his short-term capital loss carryover (if anything) to 2016? What is his long-term capital loss carryover (if anything) to 2016?

Reference no: EM131776005

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