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sells her personal scooter for $550 in 2022. She bought the scooter for $1000 in 2018. She also sold her stamp collection for $1200 in
sells her personal scooter for $550 in 2022. She bought the scooter for $1000 in 2018. She also sold her stamp collection for $1200 in 2022. She paid $450 for the collection in 2020. Matilda is in the 35% marginal bracket. a. Calculate taxable gains/losses. b. Calculate capital gains tax on these transactions.
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