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Required information [The following information applies to the questions displayed below] During the current year, Ron and Anne sold the following assets: (Use the dividends

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Required information [The following information applies 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 . Given that Ron and Anne have taxable income of only $20,000 (all ordinary) before considering the tax effect of their asset sales What is their gross tax llability for 2023 assuming they file a joint retum? Required information The following information applies to the questions displayed below] During the current year, Ron and Anne sold the following assets: (Use the dividends and capitalgains fax rates and taxrateschedules) \$\$30,000 of the gain is 25 percent gain (from accumulated depreciation on the property) Ignore the Ner Investment income Tax: b. Given that Ron and Anne have taxable income of $400,000 (all ordinary) before considering the tax effect of their asset sales, what is their gross tax liability for 2023 assuming they file a joint retum? Required information [The following information applies 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 . Given that Ron and Anne have taxable income of only $20,000 (all ordinary) before considering the tax effect of their asset sales What is their gross tax llability for 2023 assuming they file a joint retum? Required information The following information applies to the questions displayed below] During the current year, Ron and Anne sold the following assets: (Use the dividends and capitalgains fax rates and taxrateschedules) \$\$30,000 of the gain is 25 percent gain (from accumulated depreciation on the property) Ignore the Ner Investment income Tax: b. Given that Ron and Anne have taxable income of $400,000 (all ordinary) before considering the tax effect of their asset sales, what is their gross tax liability for 2023 assuming they file a joint retum

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