Long-term capital gain on corporate stocks

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Reference no: EM131290221

What are the maximum tax rates that apply to a single individual’s $20,000 long-term capital gain on corporate stocks if total taxable income is

a. $ 35,000?

b. $ 230,000?

c. $ 430,000?

d. How would your answers change for a, b,c, if the $20,000 gain was from the sale of an Egyptian statue from the 1400s?

e. How would your answers change for a,b, and c, if the $20,000 was an unrecaptured section 1250 gain?

Reference no: EM131290221

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