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In 2014, Josh has the following transactions involving capital asset. Josh has a MTR of 25% when considering all of this income (capital gains and
In 2014, Josh has the following transactions involving capital asset. Josh has a MTR of 25% when considering all of this income (capital gains and regular wages).) gain on the sale of stocks (held for 2 years): $6,000 loss on the sale of bonds (held for 5 years): [2,000] gain on the sale of his car that is used for personal purposes (held for 5 months): 6,000 loss on the sale of his boat that is used for personal purposes (held for 11 months): (5,000) loss on the sale of his printer that-1 is used for business purpose (held for 15 months): (3,000) How much tax does Josh have to pay on this net long-term capital gains/losses
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