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California taxes both long and short term capital gains _______. Select one: a. as regular income, at regular California income tax rates. b. at a
California taxes both long and short term capital gains _______.
Select one:
a. as regular income, at regular California income tax rates.
b. at a flat 20% tax rate.
c. as tax-exempt income.
d. at either a 5%, 9.3% or 13.3% tax rate, depending on California Adjusted Income.
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