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9 - Ch 4 Assignment - Connect gnment i Problem 4-13 Capital Gains [LO4-5] Samuel Jenkins made two investments; the first was 13 months ago
9 - Ch 4 Assignment - Connect gnment i Problem 4-13 Capital Gains [LO4-5] Samuel Jenkins made two investments; the first was 13 months ago and the second was 2 months ago. He just sold both investments and has a capital gain of $9,000 on each. If Samuel is single and has taxable income of $41,150, what will be the amount of capital gains tax on each investment? See Capital Gains table and Taxable income rate table. {:[" Capital "],[" Gains Tax "]:} Investment 1 (held 13 months) Investment 2 (held 2 months)
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