Hiawatha has the following long-term capital gains and

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Hiawatha has the following long-term capital gains and losses for 2011: $45,000 28% gain, $53,000 28% loss, $18,000 25% gain, and $34,000 0% 15% gain. He also has a $23,000 short-term loss and a $75,000 short-term gain. What is Hiawatha's AGI from these transactions, and if he has a net long-term capital gain, what is its makeup interms of the alternative tax rates?

Reference no: EM13592126

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