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Matt and Meg Comer are married. They do not have any children. Matt works as a history professor at a local university and earns a

Matt and Meg Comer are married. They do not have any children. Matt works as a history professor at a local university and earns a salary of $64,000. Meg works part-time at the same university. She earns $21,000 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).Assume they file a joint return.

What is the Comers' tax liability for 2017 if they report the following capital gains and losses for the year?

Short-term capital gains$9,000Short-term capital losses(2,000)Long-term capital gains15,000Long-term capital losses(6,000)

what is the total liability

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