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Joe Schmo bought 10,000 shares of XYZ Corp. stock last year for $20 per share. He just sold 1,000 shares back to the company for
Joe Schmo bought 10,000 shares of XYZ Corp. stock last year for $20 per share. He just sold 1,000 shares back to the company for $22 per share. Assume he did not sell any other shares. If he is subject to a 15% tax rate on capital gains, what is the total amount of capital gains taxes paid by Joe Schmo?
$100
$33,000
$3,300
$300
$3,000
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