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If a married couple has a long term capital gain of $4,000 and a short term capital loss of $8,500 on stock and bond investments
If a married couple has a long term capital gain of $4,000 and a short term capital loss of $8,500 on stock and bond investments and sold their primary residence that they have lived in for the last 5 years with gain of $200,000 on the house, how much capital gains do they have and how much will they pay/save in taxes?
How much will their net capital gain/loss be for the year?
How much will they pay/save in taxes due to these transitions?
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