Stephen is in a 15% marginal tax bracket. In 2012, he sold stock that he had held

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Stephen is in a 15% marginal tax bracket. In 2012, he sold stock that he had held for nine months for a gain of $ 1,900. How much tax must he pay on this capital gain? How much would the tax be if he had held the stock for 13 months?

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Question Posted: Oct 13, 2015 05:21 AM

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Stephen is in a 15% marginal tax bracket. In 2012, he sold stock that he had held

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Shortterm capital gains are taxed as ord...View the full answer

Personal Finance

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