I bought 1,000 shares of stock for $5 ea two years ago. I sold them this year for $10 ea. I also bought 500 shares of a different stock 3 years ago paying $9 ea. I sold them this year for $8 ea. My income is $100,000 per year (I am married). How much capital gains tax do I owe, if any? (Answer is a dollar amount or a zero).

Answer rating: 100% (QA)

To calculate your capital gains tax we need to determine the gains or losses from each stock sale ... View the full answer