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2. Jim, a single taxpayer with a marginal tax rate of 24% (taxable income is $90,000 before considering any of the items below), sold the

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2. Jim, a single taxpayer with a marginal tax rate of 24% (taxable income is $90,000 before considering any of the items below), sold the following assets during the year Asset Gain/Loss Holding Period S(14,000) $8,000 Yellow stock Green Stock Vintage Rare Wine Collection $22,000 Yodel, Inc. Bonds Commercial Rental Building $40,000* Long-term capital loss carryover ($5,000) More than 1 year Less than 1 year More than 1 year Less than 1 year More than 1 year ($6,000) *$30,000 of the Commercial Rental Building gain is 25% rate gain, the rest is 0/15/2096 rate gain. Fill in the table below with the appropriate gains and losses, and indicate what tax rate(s) will apply to each category of net gairn. 0/15/20% gain/loss Short-term Long-ternm 25% gain/loss Long-term 28% gain/loss Description gain/loss | ! Yellow stock Green Stock Vintage Rare Wine Collection Yodel, Inc. Bonds Commercial Rental Building Long-term capital loss carryover Net gain/loss Tax Rate

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