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Samuel Jenkins made two investments, the first was 14 months ago and the second was two months ago.He just sold both investments and has a
Samuel Jenkins made two investments, the first was 14 months ago and the second was two months ago.He just sold both investments and has a capital gain of $11,500 on each.If Samuel is in the 28 percent tax bracket, what will be the amount of capital gains tax on each investment?
Investment 1 (held 13 months) | $ | tax due | |
Investment 2 (held 2 months) | $ | tax due |
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