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Mt. Imhoff recognized a $25700 net long-term capital gain and a $33.000 net short-term capital loss this year. What is his current year tax savings

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Mt. Imhoff recognized a $25700 net long-term capital gain and a $33.000 net short-term capital loss this year. What is his current year tax savings from the capital loss if his marginal rate on ordinary income is 35% and his preferential role on adjusted net capital gain is 20%? Multiple Choice $0 $6.190 tax savings $1,050 tax savings $7.695 tax cost

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