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3. Analyze the transactions below. (7 points) Asset Date Acquired Date Sold Coin collection 02/14/1978 12/1/2020 Personal Residence 06/25/1999 4/21/2020 Zip stock 09/11/2020 10/5/2020 Polar

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3. Analyze the transactions below. (7 points) Asset Date Acquired Date Sold Coin collection 02/14/1978 12/1/2020 Personal Residence 06/25/1999 4/21/2020 Zip stock 09/11/2020 10/5/2020 Polar stock 05/19/2019 05/30/2020 Basis $15,000 $150,000 $25,000 $20,000 Sales Price $100,000 $300,000 10,000 $33,000 A. Use the analysis structure from class. Your analysis should include the realized G/L, recognized G/L, and character of the G/L. The taxpayer is single and lived in their residence since purchase. B. What is the net tax result of these transactions? Assume the taxpayer is in the 32% marginal tax bracket Use the netting process to calculate your answer 3. Analyze the transactions below. (7 points) Asset Date Acquired Date Sold Coin collection 02/14/1978 12/1/2020 Personal Residence 06/25/1999 4/21/2020 Zip stock 09/11/2020 10/5/2020 Polar stock 05/19/2019 05/30/2020 Basis $15,000 $150,000 $25,000 $20,000 Sales Price $100,000 $300,000 10,000 $33,000 A. Use the analysis structure from class. Your analysis should include the realized G/L, recognized G/L, and character of the G/L. The taxpayer is single and lived in their residence since purchase. B. What is the net tax result of these transactions? Assume the taxpayer is in the 32% marginal tax bracket Use the netting process to calculate your

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