In the previous tax year, Albert had a long-term loss carryover of $4,500, he had a current year long-term gain of $1,480, and he claimed the maximum long-term loss allowed ($3,000) on Schedule D in the previous tax year. Albert had a $591 short-term loss in the current year. What is the amount of long-term gain or loss Albert will be able to claim on Schedule D this year after using the carryover loss from the previous year?

-$611

Explanation:

Long term capital loss = -$1500

Add: Current Capital gain = $1480

Less: short term capital loss = -$591

Therefore, the amount of long-term loss that Albert will be able to claim on Schedule D this year after using the carryover loss from the previous year would be:

= -$1500 + $1480 - $591

= -$611

answer: the answer is d

explanation: the answer is d because if motorcycles are always in your blind spot and you don't see them this can result into an unwanted collision and result in serious injury or death. therefore this is not a safe skill you can use regarding motorcycles.

the answer is false