Multiple Choice
Sara is filing as head of household and has 2018 taxable income of $57,000 which includes $3,000 of net long-tem capital gain. The net long-term capital gain is made up of $1,000 25% gain and $2,000 0%/15%/20% gain. What is the tax on her taxable income using the alternative tax method? Note: Use the tax rate schedule rather than the tax table.
A) $0
B) $7,208.
C) $7,088.
D) $6,948.
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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