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In 2000 , Ms. Ennis, a head of household, contributed $49,000 in exchange for 490 shares of Seta stock. Seta is a qualified small business.

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In 2000 , Ms. Ennis, a head of household, contributed $49,000 in exchange for 490 shares of Seta stock. Seta is a qualified small business. This year, Ms. Ennis sold all 490 shares for $90,000. Her only other investment income was an $7,200 long-term capital gain from the sale of land. Her taxable income before consideration of her two capital transactions is $596,000. Assume the taxable year is 2022 . Use IndividualtaxrateschedulesandTaxrates for capital gains and qualified dividends. Required: a. Compute Ms. Ennis's income tax and Medicare contribution tax for the year. b. How would the computation change if Ms. Ennis acquired the Seta stock in 2011 instead of 2000 ? c. How would the computation change if Ms. Ennis acquired the Seta stock in 2019 instead of 2000 ? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute Ms. Ennis's income tax and Medicare contribution tax for the year. Note: Round your intermediate calculations and final answers to the nearest whole dollar amount

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