Stephen is in a 10 percent marginal tax bracket. in 2015, he sold stock that he had held for nine months for a gain of $ 1000. how much taxes must he pay on this capital gain? how much would the tax be if he had held the stock for 16 months? the amount of tax he must pay on this capital gain is _? (round to the nearest dollar. )

Stuart is in the 25 percent tax bracket. recently, he sold stock that he had held longer than a year for a gain of $ 12 000. how much tax will Stuart pay on this gain? the amount of tax Stuart will pay on this gain is $_. round to the nearest dollar

Emily and Paul are married and filed a joint return for 2015. the standard deduction for their filing status is $ 12,600. they have the following itemized deductions : medical bills above the 10 % $1,011, mortgage interest $3,752, state income taxes $2068, charitable contributions 190 should emily and paul itemize their deduction or use the standard deduction?

Dawn adjusted gross income is $25,900. Dawn has $4,515 in unreimbursed medical expenses. how much can Dawn claim as itemized deduction?

taxable income. nick and nora are married and has three children in college. they have an adjusted gross income of $44,400. if the standard deduction is $12,600, itemized deductions are $14,510, and they get an exemption of $4,000 for each adult and each dependent, what is their taxable income? nicks taxable income is $_. round to the nearest dollar

itemized deductions. Tracy is single and had an adjusted gross income of $33,400 in 2015. Tracey also has the following items: unreimbursed medical expenses $3,909 state income tax $1,869, interest expense first mortgage $3,625, interest expense second mortgage $1,236, real estate tax $740, interest expense car loan $424, interest expense credit card $990, gift charity $286 the amount Tracy may claim in itemized deductions is $_