Business, 17.02.2020 18:31 ghernadez

Tom sold mutual fund shares he had owned 3 years so that he could use the proceeds to return to college. Tom is in the 15% marginal tax bracket and his capital gains from this sale were $11,000. How much tax would Tom owe on those gains?a. $11,000
b. $3,080
c. $1,650
d. $1,100
e. $0

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