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Blue, Inc. began operations in 2015. Fill in the table below to indicate the character of Blue, Inc.’s Net 1231 Gains/(Losses) for 2015-2019.
Year |
Sec 1231 Gains |
Sec 1231 Losses |
Ordinary Income <Loss> |
Capital Gain <Loss> |
2015 |
$20,000 |
$12,000 |
||
2016 |
$14,000 |
$4,000 |
||
2017 |
$11,000 |
$16,000 |
||
2018 |
$6,000 |
$4,000 |
||
2019 |
$10,000 |
$3,000 |
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