Can someone help me with this, please? Please answer requirement A to D. I will upvote. Thank you!
please? I will upvote! Pleeaase
Aram's taxable income before considering capital gains and losses is $76,000. Determine Aram's taxable income and how much of the income will be taxed at ordinary rates in each of the following alternative scenarios (assume Aram files as a single taxpayer). Required: a. Aram sold a capital asset that he owned for more than one year for a $5,320gain, a capital asset that he owned for more than one year for a $660 loss, a capital asset that he owned for six months for a $1,520 gain, and a capital asset he owned for two months for a $1,060 loss. b. Aram sold a capital asset that he owned for more than one year for a $2,160gain, a capital asset that he owned for more than one year for a $2,820 loss, a capital asset that he owned for six months for a $360gain, and a capital asset he owned for two months for a $2,220 loss. c. Aram sold a capital asset that he owned for more than one year for a $2,660 loss, a capital asset that he owned for six months for a $4,520 gain, and a capital asset he owned for two months for a $460 loss. d. Aram sold a capital asset that he owned for more than one year for a $3,480gain, a capital asset that he owned for more than one year for a $460 loss, a capital asset that he owned for six months for a $360 gain, and a capital asset he owned for two months for a $2,220 loss. Complete this question by entering your answers in the tabs below. Aram sold a capital asset that he owned for more than one year for a $5,320 gain, a capital asset that he owned for more than one year for a $660 loss, a capital asset that he owned for six months for a $1,520 gain, and a capital asset he owned for two months for a $1,060 loss. Aram's taxable income before considering capital gains and losses is $76,000. Determine Aram's taxable income and how much of the income will be taxed at ordinary rates in each of the following alternative scenarios (assume Aram files as a single taxpayer). Required: a. Aram sold a capital asset that he owned for more than one year for a $5,320gain, a capital asset that he owned for more than one year for a $660 loss, a capital asset that he owned for six months for a $1,520 gain, and a capital asset he owned for two months for a $1,060 loss. b. Aram sold a capital asset that he owned for more than one year for a $2,160gain, a capital asset that he owned for more than one year for a $2,820 loss, a capital asset that he owned for six months for a $360gain, and a capital asset he owned for two months for a $2,220 loss. c. Aram sold a capital asset that he owned for more than one year for a $2,660 loss, a capital asset that he owned for six months for a $4,520 gain, and a capital asset he owned for two months for a $460 loss. d. Aram sold a capital asset that he owned for more than one year for a $3,480gain, a capital asset that he owned for more than one year for a $460 loss, a capital asset that he owned for six months for a $360 gain, and a capital asset he owned for two months for a $2,220 loss. Complete this question by entering your answers in the tabs below. Aram sold a capital asset that he owned for more than one year for a $5,320 gain, a capital asset that he owned for more than one year for a $660 loss, a capital asset that he owned for six months for a $1,520 gain, and a capital asset he owned for two months for a $1,060 loss
