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Accounting

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Required information
[The following information applies to the questions displayed below.]
During the current year, Ron and Anne sold the following assets: (Use the
dividends and capital gains tax rates and tax rate schedules.)
**$30,000 of the 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 $400,800(all ordinary) before considering the tax effect of their asset
sales, what is their gross tax liability for 2023 assuming they file a joint return?
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