Tom sold mutual fund shares he had owned 3 years so that he could use the proceeds to return to college. tom is in the 15% marginal tax bracket and his capital gains from this sale were $11,000. how much tax would tom owe on those gains?
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Home » Business » Tom sold mutual fund shares he had owned 3 years so that he could use the proceeds to return to college. tom is in the 15% marginal tax bracket and his capital gains from this sale were $11,000. how much tax would tom owe on those gains?