Mathematics, 24.04.2020 00:41 payshencec21

Angel is in the 24 percent marginal tax bracket for ordinary income. Last year, he bought mutual funds with a net
asset value of $2,000 on January 15. He sold those shares on December 31 for $2,800. While he owned the shares
the mutual fund company distributed $100 in dividends, $100 in short term capital gains and $100 in long term
capital gains to him. How much tax must he pay on all his earnings from owning those mutual fund shares?

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Angel is in the 24 percent marginal tax bracket for ordinary income. Last year, he bought mutual fun...

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