Homework Answers
Answer:
Correct answer is:
$2,100
Explanation:
Net capital gain = Long Term capital gain - Short term capital loss = $15,000 - $5,000 = $10,000
Capital gain tax is same as corporate income tax which is 21% for 2018.
Hence capital gains tax = $10,000 * 21% = $2,100
Hence option A is correct and other options B, C and D are incorrect.
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