How much tax should pay on the capital gains


Problem: Matt made a profit of $10,000 from selling shares in the stock market. How much tax should he pay on the above capital gains of $10,000? Consider that Matt's tax rate (federal) is 22%.

Request for Solution File

Ask an Expert for Answer!!
Taxation: How much tax should pay on the capital gains
Reference No:- TGS03285829

Expected delivery within 24 Hours