The following amounts were earned on Ernesto's portfolio last year: $250 interest income, $100 dividend income, $500 short-term capital gain, and $1,000 long-term capital gain. If Ernesto is in the 24% tax bracket, what is the total amount he will pay in taxes on his investment earnings?

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The Answer of The following amounts were earned on Ernesto's portfolio last year: $250 interest income, $100 dividend income, $500 short-term capital gain, and $1,000 long-term capital gain. If Ernesto is in the 24% tax bracket, what is the total amount he will pay in taxes on his investment earnings?

The Following Amounts Were Earned on Ernesto's Portfolio Last Year