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An individual in the 2 4 percent federal income tax bracket and 1 5 percent long - term capital gains tax bracket bought and sold

An individual in the 24 percent federal income tax bracket and 15 percent long-term capital gains tax bracket bought and sold the following securities during the year:
Cost Basis of Stock Proceeds of Sale
ABC $24,500 $28,600
DEF 35,40031,000
GHI 31,00036,000
What are the taxes owed on the short-term capital gains?An individual in the 35 percent federal income tax bracket and 15 percent long-term capital gains tax bracket bought and sold the following securities during the year:
Cost Basis of Stock Proceeds of Sale
ABC $34,600 $28,600
DEF 29,40031,000
GHI 21,50019,000
What are the taxes owed or saved as a result of these sales?

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