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You purchased $1323.66 worth of IBM stock 7 years ago and just sold them for $1662.35. How much capital gains tax do you owe on
You purchased $1323.66 worth of IBM stock 7 years ago and just sold them for $1662.35. How much capital gains tax do you owe on this trade if you are in the 24% personal income tax bracket and 15% long term capital gain tax bracket? Please give your answer in dollar terms rounded to two decimal places (for example, if your answer is $6.78, put 6.78 in the first answer box and $ in the second).
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