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16) D buys EFT twice. She sells all 2,000 shares in November 2021 for $200 a share Purchase 1 (January of 2020): $5 per share,
16) D buys EFT twice. She sells all 2,000 shares in November 2021 for $200 a share Purchase 1 (January of 2020): $5 per share, 1000 shares Purchase 2 (August of 2021): $100 per share, 1000 shares Assuming D is an unmarried student and has no other income and an ordinary rate of 35% (capital rate of 15%), what is the total tax paid by D|(ignoring the standard deduction or other possible deductions)? A. 55,460 B. 67,860 C. 75,460 D. 103,250 4
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