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COs 1 and 10) During 2018, Dena has the following gains and losses: LTCG $4,000 LTCL...

COs 1 and 10) During 2018, Dena has the following gains and losses:

LTCG

$4,000

LTCL

$1,000

STCG

$500

STCL

$3,000



I. How much is Dena's tax liability if she is in the 15% tax bracket? Explain and/or show your work.
II. If her tax bracket is 33% (not 15%)? Explain and/or show your work.

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