Which of the following expenditures is most likely to be deductible for a trading business? O A. A traffic ticket payment B. A late filing tax penalty OC. A bribery to a government representative to obtain a better price for raw materials OD. A payment to a foreign official to expedite an application for a business permit O E. Personal property tax paid to the local government Helmmy set up an irrevocable trust. In 2020, the trust reported $65,000 of taxable income, including a long-term capital gain of $10,000. At what rate will the long-term capital gain be taxed? Rate Tax Rates for Net Capital Gains and Qualified Dividends Taxable Income Married Filing Married Filing Single Head of Jointly Separately Household SO - $80,000 $0-$40,000 SO - $40.000 $0 - $53,600 $80,001 - $40,001 - $40.001 $53,601 - $496,600 $248,300 -$441,450 $469.050 $496,601 + $248,301 + $441,451 + $469,051 + 0% 15% Trusts & Estates $0-$2,650 $2,651 - $13,150 $13,151 + 20% O A. 0% O B. 10% O C. 15% OD. 20% O E.25%