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Please use the tax table for the following calculation. John sold the stock he bought 3 months ago and made $10,000. Also, he made $55,000

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  1. Please use the tax table for the following calculation. John sold the stock he bought 3 months ago and made $10,000. Also, he made $55,000 from his job as an engineer. Calculate his tax.

    $11106

    $12106

    $13106

    $14106

Tax Rates 10% 15% 25% 28% 33% 35% Individual Returns $0 to $9,075 $9,076 to $36,900 $36,901 to $89,350 $89,351 to $186,350 $186,351 to $405,100 $405,101 to $406,750 Long-term capital gains tax rate Your income 0% So to $40,000 15% $40,001 to $441,450 20% $441,451 or more

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