A net 15 percent capital gain of a noncorporate taxpayer that would otherwise fall into the 10 percent bracket for a lower-income individual will be taxed at 10 percent.

Question

Quizplus · Accepted Answer

A net 15 percent capital gain for a noncorporate taxpayer that would otherwise fall into the 10 percent bracket is actually taxed at 0 percent, not 10 percent, according to the tax laws in the United States.

A Net 15 Percent Capital Gain of a Noncorporate Taxpayer