Question: James will use the single filing status when he files his 2 0 2 3 return. During the year, he sold 2 0 0 shares

James will use the single filing status when he files his 2023 return. During the year, he sold 200 shares of DEF stock. He had owned the shares since 2021, and his gain on the sale was $1,910. His taxable income is $41,000. At what rate will the gain on the sale of the stock be taxed?

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