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Hector is a single taxpayer in the 28% marginal tax bracket. In 2013, he sold stock shares, which he held for 36 months, for a

Hector is a single taxpayer in the 28% marginal tax bracket. In 2013, he sold stock shares, which he held for 36 months, for a capital gain of $8,500. He also sold some financial services stock, which he held for 14 months, for a capital loss of $2,000. In addition, he sold the home that he had lived in for the past 3 years and experienced a $15,000 gain on the house. How much will his net capital gains (or losses) be for 2013? How much will he pay (or save) in taxes as a result of these transactions?

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