Below is a table with four different scenarios for a taxpayer who opts to sell several different types of stock througho

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Below Is A Table With Four Different Scenarios For A Taxpayer Who Opts To Sell Several Different Types Of Stock Througho 1 (61.37 KiB) Viewed 14 times

Below is a table with four different scenarios for a taxpayer who opts to sell several different types of stock throughout the year. Assume that all ordinary income for the taxpayer is taxed at a flat tax rate of 22%. In contrast, his long-term capital gains tax rate is 15%. His only income outside the transactions with the stock is $100,000 or ordinary income from his salary. Scenario 1 Scenario 2 Scenario 3 Scenario 4 $4,000 $4,000 $4,000 ST capital gain ST capital loss $7,000 $7,000 $10,000 LT capital gain $9,000 $9,000 $9,000 LT capital loss $5,000 $5,000 $5,000