Question: During 2 0 2 3 , Addison has the following gains and losses: Assume that the LTGC was realized from the sale of IBM stock

During 2023, Addison has the following gains and losses:
Assume that the LTGC was realized from the sale of IBM stock held as an investment.
a. How much is Addison's tax liability if she is single with taxable income of $38,000?
b. If her tax bracket is 32%?
c. If her taxable income is $425,000?
d. Demonstrate how, if at all, your answers above would change if, instead of the stock described above,
the LTCG was realized from the sale of a collectible.
e. Demonstrate how, if at all, your answers to a. through c. above would change if, instead of the stock
described above, the LTCG was realized from the sale of depreciable real property the entire gain
from which is unrecaptured 1250 gain.
 During 2023, Addison has the following gains and losses: Assume that

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