Robin Moore, a self-employed taxpayer, reported the following information for 2015: Income : Dividends from investments : $500 Net short-term capital gain on sales of investment: 1,000 Deductions: Net loss from business: (6,000) Personal exemption: (4,000) Standard deduction (6,300) What is the amount of Moore's net operating loss for 2015?

Robin Moore, a self-employed taxpayer, reported the following information for 2015: Income : Dividends from investments : $500 Net short-term capital gain on sales of investment: 1,000 Deductions: Net loss from business: (6,000) Personal exemption: (4,000) Standard deduction (6,300) What is the amount of Moore's net operating loss for 2015?

Robin Moore, a self-employed taxpayer, reported the following information for 2015:
Income :
Dividends from investments : $500
Net short-term capital gain on sales of investment: 1,000
Deductions:
Net loss from business: (6,000)
Personal exemption: (4,000)
Standard deduction (6,300)
What is the amount of Moore's net operating loss for 2015?






a. $4,500
b. $5,000
c. $6,000
d. $10,700





Answer: C