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ACCT 331- Chapter Seven HW Save Help Save & Exit Submit Check my work 00 8 Part 2 of Required information The following information applies

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ACCT 331- Chapter Seven HW Save Help Save & Exit Submit Check my work 00 8 Part 2 of Required information 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 eams a salary of $70.200 Meg works part-time at the same university. She carns $33,100 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) 10 b. What is the Comers uix tebinty for 2021 % Ny report the following capital gains and losses for the year Short-tern capital gains $1,500 Short-term capital losses Long-term capital gains 14,500 Long-tern Capital losses (11,500)

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