Abby has a $10,000 loss on some collectibles,a $5,000 Sec.1202 gain,and an $11,000 gain on some securities.If all gains and losses are long-term and Abby is in the 25 percent tax bracket,how is her net gain taxed?
A)$5,000 at 25%;$1,000 at 15%
B)$6,000 at 15%
C)$5,000 at 28%;$1,000 at 15%
D)$6,000 at 28%
E)None of the above

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The Answer of Abby has a $10,000 loss on some collectibles,a $5,000 Sec.1202 gain,and an $11,000 gain on some securities.If all gains and losses are long-term and Abby is in the 25 percent tax bracket,how is her net gain taxed?
A)$5,000 at 25%;$1,000 at 15%
B)$6,000 at 15%
C)$5,000 at 28%;$1,000 at 15%
D)$6,000 at 28%
E)None of the above

Abby Has a $10,000 Loss on Some Collectibles,a $5,000 Sec