Question: Please help. based on 2022 tax rate schedule. please do not copy and paste previously answered question. thank you! During the current year, Ron and

Please help. based on 2022 tax rate schedule. please do not copy and paste previously answered question. thank you!
Please help. based on 2022 tax rate schedule. please do not copy
and paste previously answered question. thank you! During the current year, Ron
and Anne sold the following assets: (Use the dividends and capital gains

During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.) - $30,000 of the gain is 25 percent gain (from accumulated depreciation on the property). Ignore the Net investment income Tax. a. Given that Ron and Anne have taxable income of only $20,000 (all ordinary) before considering the tax effect of their asset sales. What is their gross tax liability for 2022 assuming they fite a joint return? b. Given that Ron and Anne have taxable income of $400,000 (all ordinary) before considering the tax effect of their asset sales, what is their gross tax llability for 2022 assuming they file a joint return

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