Billy is reviewing his investment transactions for the year and determines he has net short-term capital gains of $9,200 and net long-term capital losses of $6,200. Below is Billy's tax information:...


Billy is reviewing his investment transactions for the year and determines he<br>has net short-term capital gains of $9,200 and net long-term capital losses of<br>$6,200.<br>Below is Billy's tax information:<br>Billy

Extracted text: Billy is reviewing his investment transactions for the year and determines he has net short-term capital gains of $9,200 and net long-term capital losses of $6,200. Below is Billy's tax information: Billy"s tax bracket = 25% !3! Long-term capital Gains tax rate 15% On the above situation, what are the taxes owed (or saved) in the current tax year for Billy ? Enter your answer below as a whole number and without any $ signs. 24

Jun 09, 2022
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