Question

Lacey’s income put her in the first tax bracket (10%) last year. During that year, she earned $175 in dividends and $475 in coupons on a corporate bond. Five years ago, she purchased a common stock for $250. She sold the same stock last year for $426. What is the total Lacey will pay in taxes on last year’s investments?
$100.15

$73.90

$73.75

$47.50

Answer 1

@dumbcow