You have a $700 capital gain on an investment you plan to sell. Your marginal tax rate is 25%, the long term capital gai

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

You have a $700 capital gain on an investment you plan to sell. Your marginal tax rate is 25%, the long term capital gai

Post by answerhappygod »

You Have A 700 Capital Gain On An Investment You Plan To Sell Your Marginal Tax Rate Is 25 The Long Term Capital Gai 1
You Have A 700 Capital Gain On An Investment You Plan To Sell Your Marginal Tax Rate Is 25 The Long Term Capital Gai 1 (160.44 KiB) Viewed 14 times
You have a $700 capital gain on an investment you plan to sell. Your marginal tax rate is 25%, the long term capital gains tax rate is 15%. You purchased the stock on January 1 and want to sell the stock on December 31. What is the tax savings you would realize by waiting to sell the stock until January 2nd? $70 $105 $140 $175
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”