Question: Mr. & Mrs. Bond file a joint return for 2021. Their taxable income is $2,000,000. Included in their taxable income is a gain of $500,000

Mr. & Mrs. Bond file a joint return for 2021. Their taxable income is $2,000,000. Included in their taxable income is a gain of $500,000 on the sale of Facebook stock purchased in 2015. What is their federal tax liability?

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