During 2014,Addison has the following gains and losses:
$$\begin{array} { l r }
\text { LTCG } & 110,000 \
\text { LTCL } & 3,000 \
\text { STCG } & 2,000 \
\text { STCL } & 7,000
\end{array}$$
a.How much is Addison's tax liability if she is in the 15% tax bracket?
b.If her tax bracket is 33% (not 15%)?

Question

During 2014,Addison has the following gains and losses:
 $$\begin{array} { l r } 
\text { LTCG } & 110,000 \
\text { LTCL } & 3,000 \
\text { STCG } & 2,000 \
\text { STCL } & 7,000
\end{array}$$ 
a.How much is Addison's tax liability if she is in the 15% tax bracket?
b.If her tax bracket is 33% (not 15%)?

Quizplus · Accepted Answer

The Answer of During 2014,Addison has the following gains and losses:
 $$\begin{array} { l r } 
\text { LTCG } & 110,000 \
\text { LTCL } & 3,000 \
\text { STCG } & 2,000 \
\text { STCL } & 7,000
\end{array}$$ 
a.How much is Addison's tax liability if she is in the 15% tax bracket?
b.If her tax bracket is 33% (not 15%)?

During 2014,Addison Has the Following Gains and Losses LTCG 110,000 LTCL 3,000 STCG 2,000 STCL 7,000\begin{array} { l r } \text { LTCG } & 110,000 \\\text { LTCL } & 3,000 \\\text { STCG } & 2,000 \\\text { STCL } & 7,000\end{array} LTCG LTCL STCG STCL ​110,0003,0002,0007,000​

During 2014,Addison Has the Following Gains and Losses $\begin{array} { l r } \text { LTCG } & 110,000 \\\text { LTCL } & 3,000 \\\text { STCG } & 2,000 \\\text { STCL } & 7,000\end{array}$