Perry Is in the 33% Tax Bracket

question 66

Multiple Choice

Perry is in the 33% tax bracket.During 2010,he had the following capital asset transactions: Perry's tax consequences from these gains are as follows:

• A)(15% * $10,000)+ (28% * $30,000)+ (33% * $4,000).
• B)(15% * $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 the above.