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Paul has the following long - term capital gains and losses for 2 0 2 0 : $ 6 2 , 0 0 0 2
Paul has the following longterm capital gains and losses for : $ gain, $ loss, $ gain, and $ gain. He also has a $ shortterm loss and a $ shortterm gain. What is Paul's AGI from these transactions? If he has a net longterm capital gain, what is its makeup in terms of the alternative tax rates?
a AGI is that is the total of all these transactions. b His longterm capital gain taxable at is and at
Paul's net longterm capital gain is made up of a $ gain and a $ gain in terms of the alternative tax rates. Is the correct answer, I need to know how to get to this answer.
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