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Hamen has taxable income of $80,000 without consideration of capital gain or loss transactions. She has a short-term capital gain of $16,300, a long-term capital
Hamen has taxable income of $80,000 without consideration of capital gain or loss transactions. She has a short-term capital gain of $16,300, a long-term capital loss of $9,800, and a short-term capital gain of $8,400. Assume no gains or losses are from collectibles or unrecaptured section 1250 property, and Hansen is in the 24% tax bracket. What is the total short-term gain or loss?
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