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Please show answer step by step with calculation. Thank you Lisa, single, purchased qualified small business stock on February 10,2018 , for $37,500. Lisa is
Please show answer step by step with calculation. Thank you
Lisa, single, purchased qualified small business stock on February 10,2018 , for $37,500. Lisa is in a 32% tax bracket. (a) Your answer is partially correct. What is the tax effect to Lisa if she sells the stock on January 31, 2023, for $59,900 ? (Do not leave any answer field blank. Enter 0 for amounts. If no capital gain, select NA in dropdown.) Excluded income capital gain $ taxed atStep by Step Solution
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