Question: Problem 16-44 (Algorithmic) (LO. 5) Helena has the following long-term capital gains and losses for 2021: $90,000 28% gain, $72,000 28% loss, $40,500 25% gain,
Problem 16-44 (Algorithmic) (LO. 5) Helena has the following long-term capital gains and losses for 2021: $90,000 28% gain, $72,000 28% loss, $40,500 25% gain, and $36,000 0%/15%/20% loss. She also has a $45,000 short-term loss and a $81,000 short-term gain. She has no other income. a. What is Helena's AGI from these transactions? b. If she has a net long-term capital gain, what is its makeup in terms of the alternative tax rates? Helena has a net LTCG of $ all of which is gain and $1 net STCG
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