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Cory recently sold his qualified small business stock for $92,000 after holding it for 10 years. His basis in the stock is $38,000. Applying the
Cory recently sold his qualified small business stock for $92,000 after holding it for 10 years. His basis in the stock is $38,000. Applying the rules as if the stock were acquired in 2022 and assuming his marginal tax rate is 32 percent, how much tax will he owe on the sale? $4,050$7,560$8,100$15,120 None of the choices are correct
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