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... EverFi Educational... mmjh lhjhjhjh... /d Wendy Pretend Pla... Pokemon GO Game... Multiple Choice 4-8 Net Capital Gains (LO 4.4) Harold, a single taxpayer,
... EverFi Educational... mmjh lhjhjhjh... /d Wendy Pretend Pla... Pokemon GO Game... Multiple Choice 4-8 Net Capital Gains (LO 4.4) Harold, a single taxpayer, has $30,000 of ordinary income after the standard deduction, and $10,000 in long-term capital gains, for total taxable income of $40,000. Assuming a tax of $3,409 on the $30,000 of ordinary income, what is Harold's tax? The tax rates on long-term capital gains are as follows: Income Level Long-Term Capital Gains Rates) Single $0-$30,375 $39,376-$434,550 > $434,550 Oa. $4,094 Ob. $4,815 Oc. $3,413 Od. $3,623 Oe. $3,503 0% 15% 20%
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