Question: Stephen is in a 15% marginal tax bracket. In 2012, he sold stock that he had held for nine months for a gain of $

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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