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Problem 16-44 (Algorithmic) (LO. 5) Helena has the following long-term capital gains and losses for 2020: 5194,000 28% gain, $155,200 28% loss, $87,300 25% gain,
Problem 16-44 (Algorithmic) (LO. 5) Helena has the following long-term capital gains and losses for 2020: 5194,000 28% gain, $155,200 28% loss, $87,300 25% gain, and $77,600 0%/15%/20% loss. She also has a $97,000 short-term loss and a $174,600 short-term gain. She has no other income. a. What is Helena's AGI from these transactions? b. If she has a net long-term capital gain, what is its makeup in terms of the alternative tax rates? Helena has a net LTCG of $ gain and s . all of which is net STOG
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