If there were a loss, the amount would be reported to the IRS, which would offset gains with losses and settle up with taxpayers at the end of the period.
The loss would offset gains, and the IRS would settle up with taxpayers at the end of the period. If there were a loss, the amount would be reported to the IRS.
If there were a loss, the amount would be reported to the IRS. The loss would offset gains, and the IRS would settle up with taxpayers at the end of the period.
If there were a loss, the amount would be reported to the IRS. The loss would offset gains, and the IRS would settle up with taxpayers at the end of the period.