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Carol had the following capital gains and losses:
Short term capital gains
$ 9,000
Short term capital losses
$(10,000)
Long term capital gains
$15,000
Long term capital losses
$(6,000)
1. What is Claire's tax liability on her investment activity if she is single and has adjusted gross income of $50,000?
2. What is Claire's tax liability on her investment activity if she is single and has adjusted gross income of $333,000?
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