Multiple Choice
Rob is a taxpayer in the top tax bracket,with over a million in taxable income.He plans to sell stock held long term for a $100,000 gain.This sale will result in an increase to his tax liability of
A) $15,000.
B) $20,000.
C) $39,600.
D) $23,800.
Correct Answer:
Verified
Correct Answer:
Verified
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