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TP is filing as single and has $16,000 taxable income which includes $14,000 0%/15%/20% net long-term capital gain. What is TP's tax liability? a. $200
TP is filing as single and has $16,000 taxable income which includes $14,000 0%/15%/20% net long-term capital gain. What is TP's tax liability?
a. $200
b. $600
c. $4,924
d. $-0-
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