Stuart is in the 35 percent tax bracket. Recently 2020, he sold stock that he had held longer than a year for a gain of $45,300. How much does Stuart pay on his gain? Figure 2. Tax Brackets, Capital Gains and Dividends, and Medicare Tax Rates in 2019 Filing Single Married Head of Filing Jointly Household Cap. Gains Ordinary & Dividends Income 10% 12% 22% 9.70 19.40 13.85 39.48 78.95 52.90 39.38 78.75 52.75 84.20 168.40 84.20 160.73 321.45 160.70 204.10 408.20 204.10 434.55 488.85 461.70 510.30 612.35 510.30 37% *Combined rate = 1.45% employer contribution. 24% 32% 35% Medicare Tax Rate Tax Rate Eamed Inc.* Invest. Inc. 0% 0% 0% 15% 15% 15% 15% 20% 20% 2.9% 2.9% 2.9% 2.9% 2.9% 2.9% 3.8% 3.8% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 3.8% 3.8% Total Cap Gains & Medicare 2.9% 2.9% 17.9% 17.9% 17.9% 17.9% 27.6% 27.6%

Stuart is in the 35 percent tax bracket. Recently 2020, he sold stock that he had held longer than a year for a gain of $45,300. How much does Stuart pay on his gain? Figure 2. Tax Brackets, Capital Gains and Dividends, and Medicare Tax Rates in 2019 \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} Filing \\ Single \\ \end{tabular}} & \multicolumn{2}{|l|}{ Married } & \multicolumn{3}{|c|}{ Cap. Gains } & & \multirow{3}{*}{\begin{tabular}{c} Total Cap \\ Gains \& \\ Medicare \end{tabular}} \\ \hline & Filing & Head of & Ordinary \& & Dividends & Medicare & TaxRate & \\ \hline & Jointly & Houschold & Income & TaxRate & Eamed Inc.* & Invest. Inc. & \\ \hline & - & - & 10% & 0% & & & \\ \hline 9.70 & 19.40 & 13.85 & 12% & 0% & 2.9% & 0.0% & 2.9% \\ \hline 39.48 & 78.95 & 52.90 & 22% & 0% & 2.9% & 0.0% & 2.9% \\ \hline 39.38 & 78.75 & 52.75 & & 15% & 2.9% & 0.0% & 17.9% \\ \hline 84.20 & 168.40 & 84.20 & 24% & 15% & 2.9% & 0.0% & 17.9% \\ \hline 160.73 & 321.45 & 160.70 & 32% & 15% & 2.9% & 0.0% & 17.9% \\ \hline 204.10 & 408.20 & 204.10 & 35% & 15% & 2.9% & 0.0% & 17.9% \\ \hline 434.55 & 488.85 & 461.70 & & 20% & 3.8% & 3.8% & 27.6% \\ \hline 510.30 & 612.35 & 510.30 & 37% & 20% & 3.8% & 3.8% & 27.6% \\ \hline \end{tabular}