subject
Business, 05.06.2020 16:57 ashlynsofia

Mary has taxable income of $40,000, with short-term capital gains of $2,500. What will be her capital gains tax rate and tax owed? Single Taxpayers: Income Brackets Tax RateIncome Bracket 10%0 to 9,525 12%9,526 to 38,700 22%38,701 to 82,500 24%82,501 to 157,500 32%157,501 to 200,000 35%200,001 to 500,000 37%> 500,000 Single Taxpayers: Qualified Dividends and Long-Term Capital Gains Tax RateIncome Bracket 0%0 to 38,600 15%38,601 to 425,800 20%> 425,800 A. 0% tax rate with no taxes owed B. 15% tax rate with $375 in taxes owed C. 22% tax rate with $550 in taxes owed D. 24% tax rate with $600 in taxes owed

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 12:30
On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.
Answers: 3
question
Business, 23.06.2019 00:00
Match each economic concept with the scenarios that illustrates it
Answers: 2
question
Business, 23.06.2019 00:30
Considered to be a "super tool" or tool that has high use and high potential for improving project success?
Answers: 3
question
Business, 23.06.2019 03:00
What is the w-4 form used for? filing taxes with the federal government determining the amount of money an employee has paid out in taxes calculating how much tax should be withheld from a person’s paycheck calculating how much income was paid in the previous year
Answers: 1
You know the right answer?
Mary has taxable income of $40,000, with short-term capital gains of $2,500. What will be her capita...
Questions
question
Chemistry, 05.12.2019 06:31
question
Mathematics, 05.12.2019 06:31