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Please do not copy from Chegg. Only use 2015 tax rates (Long term capital gain). Jane and Blair are married taxpayers filing jointly and have

Please do not copy from Chegg. Only use 2015 tax rates (Long term capital gain).

Jane and Blair are married taxpayers filing jointly and have a 2015 taxable income of $97,000. The taxable income includes $5,000 of gain 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. What is the couple's tax on taxable income?

Please do not copy from Chegg. Only use 2015 tax rates (Long term capital gain).

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