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During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.) 42

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During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.) 42 40,800 23, 34,800 91,800 Capital Asset Plarket Value $ 53,600 31,600 33, 600 29,600 10,600 303, Tax Basis 5,800 Holding Period L stock M stock N stock O stock Antiques Rental home > > > > 1 1 1 1 1 1 year year year year year year *$30,000 of the gain is 25 percent gain (from accumulated depreciation on the property). Ignore the Net Investment Income Tax.

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