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Ben earned $60,000 from his job this year.Ben is in the 12% tack bracket. Ben has stock than rose in value by $5,000. Which statement
Ben earned $60,000 from his job this year.Ben is in the 12% tack bracket. Ben has stock than rose in value by $5,000. Which statement is true?
Ben will pay $0 in taxes on the $5,000 in appreciation of his stock because he has no realized gains. | ||
Ben will be $0 in taxes on his stock because his taxable income is less than $40,000 | ||
Ben will pay 15% in taxes on his stock's gain. | ||
Ben will pay 12% in taxes on the $5,000 appreciation of his stock. |
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