Question Dana Intends To Invest 20 000 In Either A Treasury Bond Or A Corporate Bond The Treasury Bond Yields 5 Percen 1 (9.96 KiB) Viewed 19 times
Question Dana Intends To Invest 20 000 In Either A Treasury Bond Or A Corporate Bond The Treasury Bond Yields 5 Percen 2 (11.93 KiB) Viewed 19 times
QUESTION Dana intends to invest $20,000 in either a Treasury bond or a corporate bond. The Treasury bond yields 5 percent before tax and the corporate bond yields 6 percent before tax. Dana's federal marginal rate is 25 percent and her marginal state rate is 5 percent. What is the amount by which the yield on the corporate bond exceeds the yield on the Treasury bond. Assume that Dana itemizes her deductions and that any state income tax would be fully deductible QUESTION 7 Matt and Meg Comer are married. They do not have any children. Matt works as a history professor at a local university and eams a salary of $70,000. Meg works part-time at the same university. She eams $37,000 a year. The couple does not itemize deductions and made no charitable contributions. Other than salary, the Comers' only other source of income is from the disposition of various capital assets (mostly stocks). What is the Comers' tax liability for 2021 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 $9,000 ($2,000) $15,000 ($6,000)
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