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Antoine sold the following stock in 2019. ABC, Inc., is a 1202 qualified small business (QSB). Asset Cost Acquired Sale Price Sale Date ABC, Inc.,

Antoine sold the following stock in 2019. ABC, Inc., is a 1202 qualified small business (QSB).

Asset Cost Acquired Sale Price Sale Date
ABC, Inc., 200 shares $ 153,000 01/10/2008 $ 200,000 04/30/2019
DEF, Inc., 100 shares 24,600 11/15/2015 14,000 02/28/2019
GHI, Inc., 50 shares 19,350 03/31/2018 17,000 08/30/2019

Required:

  1. Complete the chart.
  2. After netting, what is the total gain or loss?
  3. If Antoine is in the 37% tax rate bracket, at what rate is the net gain or loss taxed?

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