Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at a local university and earns a salary of $$68,600.$ Meg works part time at the same university. She earns $$44,400$ a year. The couple does not itemize deductions. Other than salary, the Comers' only other source of income is from the disposition of various capital assets $($mostly stocks$).($Use the tax rate schedules,Dividends and Capital Gains Tax Rates.$)$

Note: Round your final answers to the nearest whole dollar amount.

Problem $7-45$ Part$-$a $($Algo$)$

a$.$ What is the Comers' tax liability for $2023$ if they report the following capital gains and losses for the year? b$.$ What is the Comers' tax liability for $2023$ if they report the following capital gains and losses for the year?

Short$-$term capital gains $ $9,700$

Short$-$term capital losses $(2,700)$

Long$-$term capital gains $15,200$

Long$-$term capital losses $(7,400)$ Tax Rates for Net Capital Gains and Qualified Dividends

$\backslash$table$[[$Rate$*,$Taxable Income$],[$Married Filing Jointly,Married Filing Separately,Single,Head of Household,Trusts and Estates$],[0\%,$$$0-$$$89,250,$$$0-$$$44,625,$$$0-$$$44,625,$$$0-$$$59,750,$$$0-$$$3,000$