Anne and Jose Romero are in the 28 percent marginal federal tax bracket. Two years ago they
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Question:
Anne and Jose Romero are in the 28 percent marginal federal tax bracket. Two years ago they purchased 100 shares of ABC stock for 28 per share paying commissions of 75. Last week they sold this stock for 35 per share and paid commissions of 50.
How much is their taxable capital gain on this investment.
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Personal Finance
ISBN: 978-0077861643
11th edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
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