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You have a $700 capital gain on an investment you plan to sell. Your marginal tax rate is 25%, the long term capital gai
Posted: Sun Jul 03, 2022 12:53 pm
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 (160.44 KiB) Viewed 15 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