Henry sold the following stock during the year.He is in the 33 percent tax bracket for his ordinary income.How are the stocks reported on Henry's tax return? 
A) $19,800 of net long-term gain taxed at zero percent and $200 short-term gain taxed at the 33 percent rate.
B) $19,800 of net long-term gain taxed at 15 percent and $200 short-term gain taxed at the 33 percent rate.
C) Net $20,000 of long-term gain taxed at 15 percent
D) Net $20,000 of long-term gain taxed at 33 percent
Correct Answer:
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