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Kelly,a Single Individual,has $15,000 of Taxable Income Before a Long-Term

Question 52

Multiple Choice

Kelly,a single individual,has $15,000 of taxable income before a long-term capital gain of $5,000 on the sale of some stock owned for two years that she sold in 2013.What is the tax rate applied to this gain?


A) 5 percent
B) 10 percent
C) 15 percent
D) 20 percent
E) None of the above

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