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During the year, Maxine had the following gains and losses: $2,000 long term capital gains $2,000 of losses on the sale of business property (Section

During the year, Maxine had the following gains and losses:

$2,000 long term capital gains

$2,000 of losses on the sale of business property (Section 1231 property)

$1,000 ordinary loss

$1,000 short term capital gain

How much of her income benefits from the lower capital gain rates?

$3,000

$1,000

$2,000

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