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If a single taxpayer had the following stock transactions, what is the amount that would be taxed at the favorable long-term capital gains tax rates?
If a single taxpayer had the following stock transactions, what is the amount that would be taxed at the favorable long-term capital gains tax rates?
Net short-term gains $5,000
Net short-term losses ($3,000)
Net long-term gains $20,000
Net long-term losses ($15,000)
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