Required information

Problem $7-45($LO $7-2)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Matt and Meg Comer are married and file a joint tax return. They do not have any

children. Matt works as a history professor at a local university and earns a salary of

$$69,900.$ Meg works part time at the same university. She earns $$43,100$ a year. The

couple does not itemize deductions. Other than salary, the Comers' only other source of

income is from the disposition of various capital assets $($mostly stocks$).($Use the

tax rate schedules, Dividends and Capital Gains Tax Rates.$)$

Note: Round your final answers to the nearest whole dollar amount.

Problem $7-45$ Part$-$a $($Algo$)$

a$.$ What is the Comers' tax liability for $2023$ if they report the following capital gains and losses for the

year?