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Some of my friends recommend clenching and unclenching my buttocks during the exam. Personally, I prefer not to receive advice about my hindquarters during times of stress.

Taxes on Bonds, Dividends, Etc. Quizlet

  • 1.

    You have $20,000 in long-term capital gains and $30,000 in net capital losses this year. How much of the capital losses will be carried forward to next year?

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    We'll give you the first and last question on this exam. So you know we actually did the whole thing.

    $77.77

  • 8.

    Your uncle bought stock for $20 per share, but when he gave it to you it was $10 per share. You sold it for $17 per share. How much (on a per-share basis) is your capital gain?


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