Capital Gains Tax. Joel is in the 22% tax bracket. What amount of taxes will he pay on his capital gain if he held the stock for less than a year?

 

Return on Stock. Joel purchased 100 shares of stock for $20 per share. During the year, he received dividend checks amounting to $150. Joel recently sold the stock for $32 per share. What was Joels return on the stock?

Answer rating: 100% (QA)

1 Capital Gains Tax Calculation When Joel sells the stock for a profit and holds it for less than a ... View the full answer