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Sara is filing as head of household and has 2014 taxable income of $57,000 which includes $3,000 of net long-term capital gain. The net long-term
Sara is filing as head of household and has 2014 taxable income of $57,000 which includes $3,000 of net long-term capital gain. The net long-term capital gain is made up of $1,000 25% gain and $2,000 0%/15%/20%gain. What is the tax on her taxable income using the alternative tax method? (Use the tax rate schedule rather than the tax table)
1. $0
2. $8,573
3. $8,273
4. $8,373
5. Non of the above
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