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Wilmont has the following long-term capital gains and losses for 2019: $37,000 28% gain, $24,000 28% loss, $11,000 25% gain, and $4,000 0%/15%/20% gain. He also has a $55,000 short-term loss and a $40,000 short-term gain. He has no other income. If an amount is zero, enter "0". What is Wilmont's AGI from these transactions? If he has a net long-term capital gain, what is its makeup in terms of the alternative tax rates?

User Lukad
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Answer:

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Step-by-step explanation:

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Wilmont has the following long-term capital gains and losses for 2019: $37,000 28% gain-example-1
User Matthew Poer
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