Jane and Blair are married taxpayers filing jointly and have $2023$ taxable income of $$117,000.$ The taxable income includes $$5,000$ of gain$2023$ Tax Rate Schedules

from a capital asset held five years, $$2,100$ of gain from a capital asset held seven months, and $$13,000$ of gain from a capital asset held

four years. All of the capital assets were stock in publicly traded corporations. Jane and Blair also have qualified dividend income of $$3,000.$

Click here to access the tax rate schedules to use for this problem.

Indicate whether the following items are subject to the alternative tax computation. Select "Yes" if subject to the alternative tax

computation; otherwise select $"$No$".$

a$.$ $$5,000$ of gain from a capital asset held five years

b$.$ $$13,000$ of gain from a capital asset held four years

c$.$ $$3,000$ of qualified dividend income

d$.$ $$2,100$ of gain from a capital asset held seven months

What is the couple's tax on taxable income and the related tax savings from the alternative tax computation $($if any$)?$

The couple's tax on taxable income using the alternative tax calculations is $

$x.$

The related tax savings from the alternative tax computation is $