Multiple Choice
Cason is filing as single and has 2012 taxable income of $38,000 which includes $36,000 of 0%/15% net long-term capital gain. What is his tax on taxable income using the alternative tax method?
A) $0.
B) $598.
C) $5,530.
D) $5,600.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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