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(2) During the year, Jon Snow (single) has the following capital gain (loss): Short-term capital gain $7,000 Short-term capital loss $2,000 Long-term (regular) capital
(2) During the year, Jon Snow (single) has the following capital gain (loss): Short-term capital gain $7,000 Short-term capital loss $2,000 Long-term (regular) capital gain $5,000 Long-term (regular) capital loss $2,000 Assuming Jon Snow's marginal tax rate is 32%, determine Jon Snow's tax lia
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