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You sell your 8,070 shares of IBM stock today (October 3rd) for $153.31 per-share. You had purchased these shares a few months ago for $103.40

You sell your 8,070 shares of IBM stock today (October 3rd) for $153.31 per-share. You had purchased these shares a few months ago for $103.40 per-share. How much tax will you owe on this sale given your ordinary tax rate is 37% and your capital gains tax rate is 20%? You should assume you owned these stocks in an ordinary brokerage account

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