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 $3,413 on the $30,000 of ordinary income, what is Harolds tax?

The tax rates on long-term capital gains are as follows:

Income Level Long-Term Capital Gains Rates

Single

$0$38,600 0%

$38,601$425,800 15%

> $425,800 20%