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11:26 Safari 1. In 2022, Anderson, a Single person with taxable income of $38,000, has the following stock transactions: Stock Date Bought Basis Date
11:26 Safari 1. In 2022, Anderson, a Single person with taxable income of $38,000, has the following stock transactions: Stock Date Bought Basis Date Sold Stock 12/22/2005 $5,000 1/12/2022 A Stock 11/21/2011 $10,000 1/13/2022 B Stock 4/4/2022 $2,000 6/4/2022 C Stock 4/5/2022 $7,000 6/5/2022 D Stock 5/1/2021 $10,000 3/21/2022 E a) above Fill in the blank cells in the table b) Calculate Anderson net short-term capital gain/loss (Show calculation) c) Calculate Anderson net Long-term capital gain/loss (Show calculation) d) What is Anderson overall net capital gain/loss? (Show calculation and specify the total capital gain/loss amount and its type, either LT or ST?) e) How much of the capital gain due to the stock trading activity (if any) can be taxed at a preferential rate?
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