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Kelly,a Single Individual,has $15,000 of Taxable Income Before a Long-Term

Question 36

Multiple Choice

Kelly,a single individual,has $15,000 of taxable income before a long-term capital gain of $5,000 on the sale of some stock owned for two years that she sold in 2015.What is the tax rate applied to this gain?


A) 0 percent
B) 10 percent
C) 15 percent
D) 20 percent

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