What is the total amount he will pay in taxes

Reference no: EM133610096

Question: The following amounts were earned on Ernesto's portfolio last year: $250 interest income, $100 dividend income, $500 short-term capital gain, and $1,000 long-term capital gain. If Ernesto is in the 24% tax bracket, what is the total amount he will pay in taxes on his investment earnings?

Reference no: EM133610096

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