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Business, 26.03.2020 21:50 tenoi14

Alan has the following capital gains and losses during the current year: Short-term capital loss $(4,000) Collectibles gain 3,000 Long-term capital gain 8,000 If Alan's marginal tax rate is 32%, what is the effect of the capital gains and losses on his taxable income and income tax liability

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Alan has the following capital gains and losses during the current year: Short-term capital loss $(4...
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