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Problem 7.48 (LO 7-2) (Static) [The following information opplies to the questions displayed below] During the current year, Ron and Anne sold the following assets:

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Problem 7.48 (LO 7-2) (Static) [The following information opplies to the questions displayed below] During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.) - $30,000 of the gain is 25 percent gain (from accumulated depreciation on the property). Ignore the Net Investment Income Tax. Problem 7-48 What amount of income will be taxed in each category? a. Ordinary - b. 0/15/20\% Category - c. 25% max rate Category - d. 28% max rate Category - Tax Rates for Net Capital Gains and Qualified Dividends - This rate applies to the met capiat gains and ajualifird dividends thot fall within the range of rakable income specified in the kable (net capital gains and qualified dividen for this purpose). Sehedule Y-1-Married Filing . Iointlv or Oualifving Widowier)

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