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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 tales and taxtate schedules Holding Period > 1 year Capital Asset L stock in stock N stock Ostock Antiques Rental home Market value 550.000 28.000 30.000 26.000 7.000 300.00 $1,00 39,000 22.000 31000 4.00 90,000 1 year $30.000 of the gain is 25 percent gain (from accumulated depreciation on the property Ignore the Net investment Income Tax 6. Given that Ron and Anne have thoxable income of $400,000 (all ordinary before considering the tax effect of their asset sales, what Is their gross tax liability for 2020 assuming the file a joint return? (Round all your intermediate computations to the nearest whole dollar amount.) 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 Capital Asset stock H stock IN stock Stock Antiques Rental Home Market Value 550,000 25.000 30,000 25,000 7,00 Tax Basis $41,000 39,000 22,000 33,000 4,000 90.000 Holding Period 1 year > 1 ye

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