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Question 8 During the current year, Tye reported the following capital gains and losses: $5,000 -Short-term capital gain ($2,000) -Short-term capital loss 57,000 - Long-term

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Question 8 During the current year, Tye reported the following capital gains and losses: $5,000 -Short-term capital gain ($2,000) -Short-term capital loss 57,000 - Long-term capital gain ($4,000) - Long-term capital loss $8,000 -Long-term collectibles gain ($3,000) - Long-term carryforward loss Assuming Tye is in the 32% ordinary income tax bracket this year, what gains (losses) are reported on his 10407 $3,000 gain taxed at 32%; $1,000 gnin taxed at 28%; $7.000 gain taxed at 15% $3,000 gain taxed at 32%; $5,000 gain taxed at 28% 83,000 gain taxed at 15% $0 gain taxed at 32%; $8,000 gain taxed at 28%; $3,000 gain taxed at 15% $3,000 gain taxed at 32%; $8,000 gain taxed at 28%, So gain taxed at 15%

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