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Kirby Is in the 15% Tax Bracket and Had the Following

Question 83

Multiple Choice

Kirby is in the 15% tax bracket and had the following capital asset transactions during 2012: Kirby is in the 15% tax bracket and had the following capital asset transactions during 2012:   Kirby's tax consequences from these gains are as follows: A) (5% ´ $10,000)  + (15% ´ $13,000) . B) (15% ´ $13,000)  + (28% ´ $11,000) . C) (0% ´ $10,000)  + (15% ´ $13,000) . D) (15% ´ $23,000) . E) None of the above. Kirby's tax consequences from these gains are as follows:


A) (5% ´ $10,000) + (15% ´ $13,000) .
B) (15% ´ $13,000) + (28% ´ $11,000) .
C) (0% ´ $10,000) + (15% ´ $13,000) .
D) (15% ´ $23,000) .
E) None of the above.

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