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Yuuto sold several capital assets in 2022. He realized a $3,000 short-term capital loss on the sale of some stock. He realized a $4,000 long-term
Yuuto sold several capital assets in 2022. He realized a $3,000 short-term capital loss on the sale of some stock. He realized a $4,000 long-term capital gain on the sale of land. He realized a $1,000 long-term capital loss on the sale of some collectibles. And, he realized a $5,000 long-term capital gain that is considered unrecaptured Section 1250 gain. Yuuto is single and has taxable income of $580,000 for the year, which includes the items listed above. How much tax will he pay on the sale of these capital assets?
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