Harold is a head of household,has $27,000 of taxable income in 2013 from non-capital gain or loss sources,and has the following capital gains and losses:
$ 28 \% $ long-term capital gain $\quad \$4,300$
$ 28 \% $ long-tem capital loss $\quad (2,000)$
$ 0 \% / 15 \% / 20 \% $ long-tem capital gain $\quad 19,000$
Short-term capital loss $\quad (1,700)$ What is Harold's taxable income and the tax on that taxable income?

Question

Harold is a head of household,has $27,000 of taxable income in 2013 from non-capital gain or loss sources,and has the following capital gains and losses:
 $ 28 \% $ long-term capital gain $\quad \$4,300$
$ 28 \% $ long-tem capital loss $\quad (2,000)$
$ 0 \% / 15 \% / 20 \% $ long-tem capital gain $\quad 19,000$
Short-term capital loss $\quad (1,700)$ What is Harold's taxable income and the tax on that taxable income?

Quizplus · Accepted Answer

The Answer of Harold is a head of household,has $27,000 of taxable income in 2013 from non-capital gain or loss sources,and has the following capital gains and losses:
 $ 28 \% $ long-term capital gain $\quad \$4,300$
$ 28 \% $ long-tem capital loss $\quad (2,000)$
$ 0 \% / 15 \% / 20 \% $ long-tem capital gain $\quad 19,000$
Short-term capital loss $\quad (1,700)$ What is Harold's taxable income and the tax on that taxable income?

Harold Is a Head of Household,has $27,000 of Taxable Income 28% 28 \% 28%

Harold Is a Head of Household,has $27,000 of Taxable Income $28 \%$