subject
Business, 01.04.2021 15:10 errr5529

Bridget, a single taxpayer, sold a building used in her business during the current year. The realized gain on the sale was $135,000. Of this amount, $95,000 is unrecaptured Section 1250 gain. How will Bridget be taxed on this gain assuming her marginal tax rate is 32 percent and her LTCG rate is 15%? Multiple choice question. $135,000 will be taxed at 32% $135,000 will be taxed at 25%. $95,000 will be taxed at 25 percent and $40,000 will be taxed at 15%. $95,000 will be taxed at 25 percent and $40,000 will be taxed at 32%.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:30
Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year
Answers: 1
question
Business, 22.06.2019 11:20
Money aggregates identify whether each of the following examples belongs in m1 or m2. if an example belongs in both, be sure to check both boxes. example m1 m2 gilberto has a roll of quarters that he just withdrew from the bank to do laundry. lorenzo has $25,000 in a money market account. neha has $8,000 in a two-year certificate of deposit (cd).
Answers: 3
question
Business, 22.06.2019 14:00
Which of the following would be an accurate statement about achieving a balanced budget
Answers: 1
question
Business, 22.06.2019 17:30
An essential element of being receptive to messages is to have an open mind true or false
Answers: 2
You know the right answer?
Bridget, a single taxpayer, sold a building used in her business during the current year. The realiz...
Questions
question
Advanced Placement (AP), 20.12.2020 01:00
question
Physics, 20.12.2020 01:00
question
Mathematics, 20.12.2020 01:00
question
Physics, 20.12.2020 01:00
question
Mathematics, 20.12.2020 01:00
question
Mathematics, 20.12.2020 01:00
question
Physics, 20.12.2020 01:00