Assume that each of the 4 individuals (A, B, C, and D) in Question #1 now also have the following capital gains amounts for 2020, in addition to all the facts in Question #1. Assume the 2020 LTCG tax rate table for a single individual (A, B, C and D) is below. What is the tax impact (amount of increase, decrease, or no change) attributable to the capital gains assuming the following for each individual: Individual A: LTCG $20,000 Individual B: LTCG $500,000 Individual C: STCG $20,000 Individual D: LTCL $20,000 [Use this table and please show your work for each of the four cases) Single filers Long-term capital gains tax rate Your income 0% $0 to $40,000 15% $40,001 to $441,450 20% $441,451 or more Assume that each of the 4 individuals (A, B, C, and D) in Question #1 now also have the following capital gains amounts for 2020, in addition to all the facts in Question #1. Assume the 2020 LTCG tax rate table for a single individual (A, B, C and D) is below. What is the tax impact (amount of increase, decrease, or no change) attributable to the capital gains assuming the following for each individual: Individual A: LTCG $20,000 Individual B: LTCG $500,000 Individual C: STCG $20,000 Individual D: LTCL $20,000 [Use this table and please show your work for each of the four cases) Single filers Long-term capital gains tax rate Your income 0% $0 to $40,000 15% $40,001 to $441,450 20% $441,451 or more