How much tax will stuart pay on this gain

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Reference no: EM131306476

1. Capital Gains Tax. Stuart is in the 25% tax bracket. Recently, he sold stock that he had held longer than a year for a gain of $20,000. How much tax will Stuart pay on this gain?

2. Capital Gains Tax. Jordan sold a stock that he held for 11 months at a capital gain of $10,000. He is in the 25% marginal tax bracket. What taxes will he pay on this gain?

Reference no: EM131306476

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