Serena is single. she purchased her principal residence three years ago. she lived in the home until she sold it at a $300,000 gain this year. serena was allowed to exclude $250,000 of the $300,000 gain. what is the character of the $50,000 gain she was not able to exclude?

Long -term capital gain

Step-by-step explanation:

Serena is single, so based on the Taxpayer Relief Act of 1997, she would pay no capital gains tax on the first $250,000 gain.

Therefore, $300,000 - $250,000 =  $50,000

The remaining $50,000 gain is taxable because of her being single and it has been her principal residence for three years.

38.5

step-by-step explanation:

lets say, first number = r

second number = 3r+7

total = 49

(r)+(3r+7)= 49

4r+7 = 49

4r = 42

r = 42/4

r= 10.5

3r+7 = 3(10.5)+7 = 38.5

hope this

dalila is incorrect. the whisker on the left is very long, going all the way out to 5. the whisker goes from 5 to 30, so it has a spread of 25. the rest of the box plot values are closer together, so 5 is an outlier