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Mike Sold the Following Shares of Stock in 2014

Question 31

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Mike sold the following shares of stock in 2014:
Mike sold the following shares of stock in 2014: What are the tax consequences of these transactions, assuming his marginal tax rate is (a)33% and (b)39.6%? Ignore the medicare tax on net investment income. What are the tax consequences of these transactions, assuming his marginal tax rate is (a)33% and (b)39.6%? Ignore the medicare tax on net investment income.

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