Question: Thomas purchased 400 shares of stock A for 23
Thomas purchased 400 shares of stock A for $ 23 a share and sold them more than a year later for $ 20 per share. He purchased 500 shares of stock B for $ 40 per share and sold them for $ 53 per share after holding them for more than a year. Both of the sales were in the same year. If Thomas is in a 25% tax bracket, what will his capital gains tax be for the year?
Answer to relevant QuestionsCharles just sold 500 shares of stock A for $ 12,000. In addition, he just sold 600 shares of stock A for $ 6,000. Charles had paid $ 20 per share for all his shares of stock A. What amount of loss will he have, assuming ...Emma bought a stock a year ago for $ 53 per share. She received no dividends on the stock and sold the stock today for $ 38 per share. What is Emma’s return on the stock? Advise the Sampsons on whether they should invest their money each month in bank CDs, in stocks, or in some combination of the two, to save for their children’s college education. Why is an industry analysis of stocks important? List some sources of information about firms and their industry. for that stock. c. Review the information provided for various sectors. Why do you think this information is ...Discuss the differences between a market order, a limit order, and a stop order.
Post your question