What are the taxes owed in the current tax year for ritesh


Question: Ritesh is reviewing his investment transactions for the year and determines he has net short-term capital losses of $5,100 and net long-term capital gains of $7,700. Below is Ritesh's tax information: Ritesh's tax bracket = 28% Ritesh's Long-term Capital Gains tax rate = 15% On the above situation, what are the taxes owed in the current tax year for Ritesh? Enter your answer below as a whole number and without any $ signs.

 

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Taxation: What are the taxes owed in the current tax year for ritesh
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