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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 18: Determination of Tax
  5. Question
    If a Single Taxpayer with a Marginal Tax Rate of 24
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If a Single Taxpayer with a Marginal Tax Rate of 24

Question 42

Question 42

Multiple Choice

If a single taxpayer with a marginal tax rate of 24% has a long-term capital gain,it is taxed at


A) 0%.
B) 20%.
C) 25%.
D) 15%.

Correct Answer:

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