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Samuel Jenkins made two investments; the first was 13 months ago and the second was 2 months ago. He just sold both investments and has
Samuel Jenkins made two investments; the first was 13 months ago and the second was 2 months ago. He just sold both investments and has a capital gain of $5,000 on each. If Samuel is single and has taxable income of $40,750, what will be the amount of capital gains tax on each investment? See Capital Gains table and Taxable income rate table
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