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ANILGARA37

Susan, an individual, began business four years ago and has never sold a $1231 asset. Susan owned each of the assets for several years. In the current year, Susan sold the following business asset: Assuming Susan's marginal ordinary income tax rate is 32% and her long-term capital gain rate is 15%, what affect do they have on Susan's tax liability?.

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Susan, an individual, began business four years ago and has never sold a $1231 asset. Susan owned each of the assets for several years. In the current year, Susan sold the following business asset: Assuming Susan's marginal ordinary income tax rate is 32% and her long-term capital gain rate is 15%, what affect do they have on Susan's tax liability?

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