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Fred, whose filing status is single, is in the 24% marginal tax bracket and had...

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Accounting

Fred, whose filing status is single, is in the 24% marginal tax bracket and had the following capital asset transactions during 2023.
Long-term gain from the sale of a land investment
$10,000
Long-term gain from the sale of a coin collection
11,000
Short-term gain from the sale of a stock investment
2,000
Fred's tax liability from these gains is computed as follows:
Question 8 options:
a)
(15% $10,000)+(24% $13,000)
b)
(24% $12,000)+(28% x $11,000)
c)
(15% $12,000)+(28% $11,000)
d)
(15% $10,000)+(28% $11,000)+(24% $2,000)
e)
(15% $12,000)+(24% $11,000)

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