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Chichi, a single taxpayer, reports $177,000 of taxable income in 2021 NOT including the following capital asset transactions: a NSTCL of $25,000, a $30,000 LTCG
Chichi, a single taxpayer, reports $177,000 of taxable income in 2021 NOT including the following capital asset transactions: a NSTCL of $25,000, a $30,000 LTCG from sale of a rare coin (collectible) held 15 months, and a $18,000 LTCG from the sale of stock held for three years. By what amount will her tax liability increase?
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