Stephens salary is $34,000 in 2018. In 2018, he sold stock that he had held for nine
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Stephen’s salary is $34,000 in 2018. In 2018, he sold stock that he had held for nine months for a gain of $1,900. How much tax must he pay on this capital gain? How much would the tax be if he had held the stock for thirteen months?
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Shortterm capital gains are taxed as ord...View the full answer
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