How are these transactions handled for income tax purposes

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Reference no: EM132326511

Question :

During 2018, Carmen had salary income of $90,000 and the following capital transactions:

LTCG $4,000

LTCL $5,000

STCG $4,000

STCL $2,000

How are these transactions handled for income tax purposes? Explain.

Reference no: EM132326511

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