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Required information [The foiio wing information applies to the questions displayed beiowzj During the current year, Ron and Anne sold the following...

Screen Shot 2018-04-03 at 5.00.05 PM.pngThis applies to a tax class could you help me with this homework question?

Screen Shot 2018-04-03 at 5.00.05 PM.png

Required information
[The foiio wing information applies to the questions displayed beiowzj During the current year, Ron and Anne sold the following assets: [Use thetax rate schedules.) Capital Beast Market Value Tax Basie Holding Period L stock $ 50,000 $41,000 a 1 year
M stock 20,000 39,000 a 1 year
H stock 30,000 22,000 < 1 year
0 stock 26,000 33,000 < 1 year
Antiques T,000 4,000 ) 1 year
Rental home 300,000* 90,000 ) 1 year $30,000 ofthe gain is 25 percent gain [from accumulated depreciation on the property], Ignore the Net Investment Income Tax. b. Given that Ron and Anne have taxable income of $400,000 {all ordinary] before considering the tax effect of their asset sales, what
is their gross tax liability for 2017 assuming they file ajoint return'i| [Round all your intermediate computations to the nearest whole
dollar amount}

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