Discuss what is the capital loss carry over

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Tax Year Short term capital gains Short term capital losses Long Term capital gains Long term capital losses
2014 4,000$ 6,000$ 2,000$ 13,000$
2015 16,000$ 14,000$ 23,000$ 28,000$
2016 55,000$ 52,000$ 67,000$

33,000$

The chart below details Sheen's 2014, 2015, and 2016 stock transactions. What is the capital loss carry over to 2016 and what is the net capital gain or loss for 2016?

Reference no: EM131787004

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