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0 Required information The following information applies to the questions displayed below.] Matt and Meg Comer are married and file a joint tax return. They

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0 Required information The following information applies to the questions displayed below.] Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at a local university and earns a salary of $65700. Meg works part-time at the same university. She earns $31,700 a year. The couple does not itemize deductions. Other than salary, the Comers' only other source of income is from the disposition of various capital assets (mostly stocks). (Use the tax rate schedules Dividends and Capital Gains Tax Rates.) (Round final answers to the nearest whole dollar amount.) b. What is the Comers' tax liability for 2018 if they report the following capital gains and losses for the year? es Short-term capital gains Short-tern capital losses Long-term capital gains Long-term capital lossers 1,500 11,560 (10,140 Total tax liability Help Save & Exit 0 Required information The following information applies to the questions displayed below Grayson is in the 24 percent tax rate bracket and has sold the following stocks in 2018: (Loss amounts should be indicated by a minus sign.) Date 1/23/1994 $8,350 8/23/2016 13,500 10/12/2018 8/20/2018 8,070 11/14/2018 Amount BasisDate Sold Realizod 7/22/2018 s5,380 4/10/2018 16,200 9/13/2018 20,170 19,040 5/19/2008 6,110 10/12/2018 14,050 4,050 Description Purchased Stock A Stock B Stock C Stock D Stock s b. What is Grayson's net long-term gain or loss from these transactions? Not long-term capital gain or loss

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