b. What is the Comers' tax liability for 2023 if they report the following capital gains and losses for the year? Short-term capital gains Short-term capital losses Long-term capital gains Long-term capital losses $ 1,500 0 Total tax liability 13,000 (10,000) Note: Round your final answer to two decimal places.
b. What is the Comers' tax liability for 2023 if they report the following capital gains and losses for the year? Short-term capital gains Short-term capital losses Long-term capital gains Long-term capital losses $ 1,500 0 Total tax liability 13,000 (10,000) Note: Round your final answer to two decimal places.
Chapter15: Choice Of Business Entity—other Considerations
Section: Chapter Questions
Problem 49P
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