Time Left:1:55:57 Beata Suwala Question 11 (3 points) ,Q, who is single, acquired 1244 stock of XYZ Corporation several years ago for $150,000. During the current year, Q sold the XYZ stock for $20,000. Q also realized a $10,000 long- term capital gain during the year from a sep arate transaction. Q's taxable income, excluding both of these transactions, is $70,000 (after personal and dependency exemptions). Q's taxable income including these transactions is how much? $0 $17,000 $20,000 $67,000 None of the above. Question 12 (3 points) Saved The importance of stock being designateds 1244 stock is which of the following