Question: Clover, Inc., has a 2 0 2 4 $ 5 0 , 0 0 0 long - term capital gain included in its $ 1

Clover, Inc., has a 2024 $50,000 long-term capital gain included in its $185,000 taxable income. Which of the following statements is true?
a. Clover's regular tax on taxable income will be less than its tax using an alternative tax on net capital gain approach.
b. Clover's $50,000 net capital gain is not taxable.
c. Clover's $50,000 net capital gain will be taxed at the same rate as the rest of its taxable income.
d. Clover will benefit from an alternative tax on net capital gains computation.
e. Clover's regular tax on taxable income will be greater than its tax using an alternative tax on net capital gain approach.

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