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Steve, a single individual with a marginal tax rate of 37% in 2019, has the following capital gains and losses, all recognized in August, 2019:
Steve, a single individual with a marginal tax rate of 37% in 2019, has the following capital gains and losses, all recognized in August, 2019:
- <3,000> STCL
- 15,000 Unrecaptured Sec 1250 LTCG
- 10,000 Regular LTCG
- <6,000> STCL
- <8,000> Regular LTCL
What is Steves additional tax due as a result of these capital gains and losses?
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