Solution-How much is Dena tax liability

How much is Dena tax liability

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Reference no: EM132615902

Question - During 2018, Dena has the following gains and losses:

LTCG $4,000

LTCL $1,000

STCG $500

STCL $3,000

Required -

I. How much is Dena's tax liability if she is in the 15% tax bracket? Please explain how the answer is so.

II. If her tax bracket is 33% (not 15%)? Please explain how the answer is so.

Reference no: EM132615902

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How much is Dena tax liability

Reference no: EM132615902

Reference no: EM132615902

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