9 Part 2 769 Required Information Problem 7.45 (LO 7-2)(Algo) The following information applies to the questions displayed below) Matt and Meg Comer are married and le a joint tax retum. They do not have any children. Matt works as a history professor at a local university and earns a salary of $69.000 Meg works part time at the same university. She cars $34.000 a year. The couple does not itemize deductions. Other than salary the Comers only other source of income from the disposition of various capital assets (mostly stocks) (Use the tax rate. schedules Dividends and Chat Sains Tax Rates (Round your final answers to the nearest whole dollar amount.) Print Problem 7.45 Part b (Algo) References b. What is the Comers' tax liability for 2020 ir they report the following capital gains and losses for the year? Short-term capital gains Bhort-term capital loween Long-term capital gains Long-term capital los 1.500 0 14,000 11.0001 Tube s 82,700 Required information Problem 7-45 (LO 7-2) (Algo) [The following information applies to the questions displayed below.) Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at a local university and earns a salary of $69,000. Meg works part time at the same university. She earns $34,000 a year. The couple does not itemize deductions. Other than salary, the Comers' only other source of income is from the disposition of various capital assets (mostly stocks). (Use the tax rate schedules, Dividends and Capital Gains Tax Rates.) (Round your final answers to the nearest whole dollar amount.) Problem 7-45 Part-b (Algo) b. What is the Comers' tax liability for 2020 if they report the following capital gains and losses for the year? Short-term capital gains Short-term capital losses Long-term capital gains Long-term capital losses $ 1.500 0 14,000 (11,000) Total tax liability B2,700