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 2017. What is the tax rate applied to this gain?

Name: 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 2017. What is the tax rate applied to this gain?
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Question

Quizplus · Accepted Answer

her gain is subject to the zero tax rate.

Kelly, a Single Individual, Has $15,000 of Taxable Income Before