true or False for the questions

Suppose Ben had the following results from his property transactions in 2020 when answering questions 16-18 below): $ 20,000 LTCG $ 10,000 STCG $ 3,000 STCG $ 15,000 LTCL $ 30,000 LTCG $ 15,000 STCL $100,000 Section 1231 gain $ 40,000 Section 1231 loss $ 50,000 Ordinary gain $ 20,000 Ordinary loss 16. Ben's net Section 1231 netting results would be a $60,000 Net Section 1231 gain. 17. Assume that your answer in # 16 above is true. Note: this may or may not be the correct answer to # 16 above. Given this assumption, Ben's capital gain netting results would be $33,000 NLTCG (net capital gain). 18. Ben's ordinary netting results would be $90,000 net ordinary gain. 19. Suppose that you determine that Fred had TI = $200,000. Included in this income was $10,000 of qualified dividends and $16,000 of NSTCG. Fred is a single (unmarried) taxpayer. Fred's federal income tax for 2020 will be within S10 (rounding) of $43,316. 20. Suppose that in question # 19 above, Fred had the same TI, but that the dividends were not qualified and that the capital gain was NLTCG (net capital gain). Now Fred's federal income tax in 2020 would be within S10 of S41.818