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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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