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Posted on Jul 20, 2024

Stephen is in a 10% marginal tax bracket. In 2018, he sold stock that he had held for nine months for a gain of $1900.

Stephen is in a 10% marginal tax bracket. In 2018, he sold stock that he had held for nine months for a gain of $1900.

How much tax must he pay on this capital gain? How much would the tax be if he had held the stock for 13 months?

The amount of tax he must pay on this capital gain is ?

f he had held the stock for 13 months the tax would be ?

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