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2 P22 045 points Required information [The following information applies to the questions displayed below] During the current year, Ron and Anne sold the
2 P22 045 points Required information [The following information applies to the questions displayed below] During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules) Capital Asset Market Value eboux stock M stock N stock 0 stock $50,000 Tax Basis 5 41,400 Holding Period 1 year 25,800 15,400 > 1 year 30,000 22,400 1 year 26,000 11,400 1 year m Antiques Rental home 7,800 300,800 4,400 1 year 90,400 31 year $30,000 of the gain is 25 percent gain (from accumulated depreciation on the property) Ignore the Net Investment Income Tax. b. Given that Ron and Anne have taxable income of $400.800 (all ordinary) before considering the tax effect of their asset sales, what is their gross tax liability for 2022 assuming they file a joint return? Grams tax babesity
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