Madeline made the following stock transactions this year. What will she owe in capital gains tax if she is in the lowest tax bracket? Bought at Sold at Gain Time owned $120 $135 +$15 2 months $250 $275 +$25 9 months $500 $610 +110 11 months $30 $22.50 $204 Madeline will not pay capital gains tax. She will pay income tax.