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Mike is filing single. He purchased 100 shares of BTL stock in 2020. He sold the shares for a net gain of $2,000 in 2022. Mike's 2022 taxable income is $53,500. His gain on…

Mike is filing single. He purchased 100 shares of BTL stock in 2020. He sold the shares for a net gain of $2,000 in 2022. Mike's 2022 taxable income is $53,500. His gain on…
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Mike is filing single. He purchased 100 shares of BTL stock in 2020. He sold the shares for a net gain of $2,000 in 2022. Mike's 2022 taxable income is $53,500. His gain on the stock sale will be taxed at what rate?

User David Corral
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1 Answer

7 votes

Answer: 5454$

Explanation: because it is

User Giada
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