Sanjay is single and has taxable income of $13,000 without considering the sale of a capital asset in November of 2017 for $15,000.That asset was purchased six years earlier and has a tax basis of $5,000.The tax liability applicable to only the capital gain is

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A)
 11ea7cb8_54a1_fc16_928c_f1c9c529f91d_TB1258_00 The top tax rate for this adjusted net capital gain (ANCG)is zero since the taxpayer's regular tax rate is 15% or lower (total taxable income is $28,000,still in the 15% tax bracket).

Sanjay Is Single and Has Taxable Income of $13,000 Without