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What will their capital gains tax be in the current year

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Question - AreaRobert and Becca file jointly. They have taxable income of $60,000 in 2021 (before considering any capital gains or losses). They have a long-term capital gain of $28,000 and a long-term capital loss of $17,000 on sales of stock in the current year. What will their capital gains tax be in the current year?

a. $0

b. $4,200

c. $2,200

d. $1,650

e. None of these choices are correct.

Reference no: EM133184982

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