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Business, 25.02.2020 04:32 thechocolatblanc

Christina's taxable income is $35,000, Charles' is $50,000, and Chris' is $500,000. Each of these taxpayers additionally earned $1,000 of long term capital gain income in 2019. All of the taxpayers file as single. Which of the following answers is correct regarding the amount of tax liability assessed on the capital gain ? A. Chris will pay $200 in tax B. $2,250

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Christina's taxable income is $35,000, Charles' is $50,000, and Chris' is $500,000. Each of these ta...
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