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During 2014, Addison Has the Following Gains and Losses  LTCG $10,000 LTCL 3,000 STCG 2,000 STCL 7,000\begin{array}{lr}\text { LTCG } & \$ 10,000 \\\text { LTCL } & 3,000 \\\text { STCG } & 2,000 \\\text { STCL } & 7,000\end{array}

Question 19

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During 2014, Addison has the following gains and losses:
 LTCG $10,000 LTCL 3,000 STCG 2,000 STCL 7,000\begin{array}{lr}\text { LTCG } & \$ 10,000 \\\text { LTCL } & 3,000 \\\text { STCG } & 2,000 \\\text { STCL } & 7,000\end{array}
a. How much is Addison's tax liability if she is in the 15% tax bracket?
b. If her tax bracket is 33% (not 15%)?

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a. $0. After the initial netting process...

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