2023 Tax Rate Schedules Individoals In 2023, Tom and Aleiandro Jackson fmarried filinc inintlul have $26n po0 of taxable income before considering the following events: Use the : and a. On May 12, 2023, they sold a painting (art) for $117,500 that was inherited from Grandma on July 23, 2021. The fair market value on the date of Grandma's death was $93,750, and Grandma's adjusted basis of the painting was $26,500. b. They applied a long-term capital loss carryover from 2022 of $10,750. c. They recognized a $12,375 loss on the 11/1/2023 sale of bonds (acquired on 5/12/2013). d. They recognized a $4,450 gain on the 12/12/2023 sale of IBM stock (NYSE: IBM) (acquired on 2/5/2023), e. They recognized a $18,800 gain on the 10/17/2023 sale of rental property (the only $1231 transaction), of which $9,200 is reportable as gain subject to the 25 percent maximum rate and the remaining $9,600 is subject to the 0,15,0, 20 percent maximum rates (the property was acquired on 8/2/2017). 4. They recognized a $12,750 loss on the 12/20/2023 sale of bonds (acquired on 1/18/2023). 9. They recognized a $7,375 gain on the 6/27/2023 sale of B.4 stock (acquired on 7/30/2014 ). h. They recognized an $11,750 loss on the 6/13/2023 sale of QuikCo stock (acquired on 3/20/2016) 1. They recelved $800 of qualified dividends on 7/15/2023. Complete the required capital gains netting procedures and calculate the Jacksons' 2023 tax liability. Tax Rates for Nist Capital Gaibs and Qualilied Disidends for mic porpones)