I want to know how to get the answers please I have the answ

I want to know how to get the answers please, I have the answers but I don\'t know how to get them, be clear, thank you

To better understand the rules for offsetting capital losses and how to treat capital losses carried forward, analyze the following data for an unmarried individual for the period 2014 through 2017. No capital loss carryforwards are included in the figures Requirement For each year, detemine AGl and the capital losses to be carried forward to a later tax year. (Ifa box is not used in the table leave the box empty, do not enter a zero. Enterloss amounts as a positive number) 2014 2015 2016 2017 AGI (excluding property transactions) STCG STCL LTCG LTCL AGI (including property S 45,000 S 55,000 S 65,000 S 75,000 8,500 9,000 8,500 5,500 0,500 3,000 9,500 7,250 6,750 5,500 2,000 9.000 22,500 8,500 3,000 5,700 42,000 52,000 S 62,000 S 72,000 ransactions) STCL to be carried forward TCL to be carried forward 3,000 10,000 1,300 800

Solution

2014 2015 2016 2017 During the year: a STCG 3000 5500 8500 8500 b STCL 9500 2000 3000 9000 c=a-b Net ST gain/(loss) -6500 3500 5500 -500 d LTCG 7250 9000 5700 8500 e LTCL 6750 22500 5500 10500 f=d-e Net LT gain/(loss) 500 -13500 200 -2000 g= c+f Net capital gain/(loss) -6000 -10000 5700 -2500 Loss brought forward from previous year 0 -3000 -10000 -1300 h Total loss -6000 -13000 -4300 -3800 i= 3000 Amount of loss set off against ordinary income ( limit is 3000) 3000 3000 3000 3000 j= h+i Loss carried forward to next year -3000 -10000 -1300 -800 Nature of loss based on net loss in each category STCL LTCL LTCL LTCL 2014 2015 2016 2017 AGI 45000 55000 65000 75000 Less Capital loss adjustment 3000 3000 3000 3000 AGI 42000 52000 62000 72000