In 2022, what is the top tax rate for individual long-term capital gains and the top tax

Question:

In 2022, what is the top tax rate for individual long-term capital gains and the top tax rate for long-term capital gains of collectible items assuming that the net investment income tax does not apply.

a. 10; 20

b. 20; 28

c. 15; 25

d. 25; 28

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

Question Posted: