1- Lisa has the following gains and losses during 2017:

LTCG from sale of stock $12,000

LTCL from sale of stock (3,000)

Gain on sale of building (all considered 25% gain) 18,000

LTCL on sale of collectible (12,000)

STCG on sale of stock 4,000

Compute the additional tax that Lisa will have to pay as a result of these transactions assuming she is in the 35% tax bracket:

2- Same as (1), except assume Lisa is in the 15% tax bracket.