Perry Is in the 33% Tax Bracket

question 13

Multiple Choice

Perry is in the 33% tax bracket.During 2017,he had the following capital asset transactions:
Perry's tax consequences from these gains are as follows:

• A)(15% × $30,000) + (33% × $4,000).
• B)(15% × $10,000) + (28% × $30,000) + (33% × $4,000).
• C)(0% × $10,000) + (28% × $30,000) + (33% × $4,000).
• D)(15% × $40,000) + (33% × $4,000).
• E)None of these.

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