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Nate, a single taxpayer, sold two securities in 2021: MASH KMZ Purchased 1-1-2020 12-2-2020 Sold 5-10--2021 9-22-2021 Sa
Posted: Sun Apr 17, 2022 7:03 pm
by answerhappygod
- Nate A Single Taxpayer Sold Two Securities In 2021 Mash Kmz Purchased 1 1 2020 12 2 2020 Sold 5 10 2021 9 22 2021 Sa 1 (25.2 KiB) Viewed 18 times
Nate, a single taxpayer, sold two securities in 2021: MASH KMZ Purchased 1-1-2020 12-2-2020 Sold 5-10--2021 9-22-2021 Sales Price $12,000 $4,000 Basis $10,000 $5,000 Nate's only other income is his $100,000 salary. What is the additional tax resulting from the above sales? A) $60 B) $150 C) $300 D) $240