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Income Taxes For its current tax year, Ilex Corporation has ordinary income of $250,000, a short-term capital loss of $20,000 and a long-term capital gain
Income Taxes
For its current tax year, Ilex Corporation has ordinary income of $250,000, a short-term capital loss of $20,000 and a long-term capital gain of $60,000.
Calculate Ilex Corporation's tax liability for 2020. $ fill in the blank
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