Question: 4 - part b - i Below is a table with four different scenarios for a taxpayer who opts to sell several different types of
part bi
Below is a table with four different scenarios for a taxpayer who opts to sell several
different types of stock throughout the year. Assume that all ordinary income for the
taxpayer is taxed at a flat tax rate of In contrast, his longterm capital gains tax
rate is His only income outside the transactions with the stock is $ or
ordinary income from his salary.
Fill in the blank: The additional amount of tax due the taxpayer must pay in
total this year because of shortterm capital gains in Scenario is $
part b ii
Below is a table with four different scenarios for a taxpayer who opts to sell several
different types of stock throughout the year. Assume that all ordinary income for
the taxpayer is taxed at a flat tax rate of In contrast, his longterm capital gains
tax rate is His only income outside the transactions with the stock is $
or ordinary income from his salary.
Fill in the blank: The additional amount of tax due the taxpayer must pay in
total this year because of the longterm capital gains in Scenario is
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