Darla Sold an Antique Clock in 2014 for $3,000

question 54

Multiple Choice

Darla sold an antique clock in 2014 for $3,000.She had purchased the clock in 2009 for $2,000.If she is otherwise in the 35% marginal tax bracket,what is the maximum tax rate on the capital gain on the sale of the clock?

• A)5%
• B)15%
• C)28%
• D)20%

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