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Business, 11.06.2021 01:00 foriegnngal

Megan sold Stock A for a short-term capital gain of $5,500 and sold Stock B for a long-term capital loss of $2,242. What is the federal income tax owed if Megan is in the 35 percent income tax bracket? a. Megan sold Stock A for a short-term capital gain of $5,500; sold Stock B for a short-term capital loss of $2,100.b. Margaret sold Stock A for a short-term capital loss of $2,000; sold Stock B for a short-term capital gain of $4,000.c. Melissa is 70 years old and withdraws $1,000 from her Roth IRA account. Would the answer be different if she were 65 years old?d. Morgan bought 100 shares of IBM in March for $100 a share and sold the shares in April for $110.e. Murphy contributed $4,000 to an IRA and used the proceeds to purchase stock A for $4,000. The stock was subsequently sold for $4,500 after year had passed.

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Megan sold Stock A for a short-term capital gain of $5,500 and sold Stock B for a long-term capital...
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