Question
What is the federal income tax owed by an investor in the 35 percent income tax bracket (20 percent tax rate on long-term capital gains
What is the federal income tax owed by an investor in the 35 percent income tax bracket (20percenttax rate on long-term capital gains anddividendincome)? Please answer the following 5 questions. Thank you so much!
1, Owns Stock A that paid $350 in dividends and sold Stock B for a long-term capital gain of $1200.
2, Sold Stock A for a short-term capital gain of $3500 and sold stock B for a short-term capital loss of $3100.
3, Sold stock A for a long-term capital gain of $3700 and sold stock B for a long-term capital loss of $5100.
4, Sold Stock A for a $6000 short-term loss and sold stock B for a $2000 long-term gain.
5, Savings account paid annual interest of $1000 and a stock that paid a dividend of $ 1000.
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