type the correct answer in the box. use numer...
type the correct answer in the box. use numerals instead of words. tasha is a single taxpayer. she has $90,000 in ordinary taxable income and $12,000 in capital gains on an investment she held for six years. use the tables to complete the statement. single taxpayers: income brackets tax rate income bracket 10% 0 to 9,525 12% 9,526 to 38,700 22% 38,701 to 82,500 24% 82,501 to 157,500 32% 157,501 to 200,000 35% 200,001 to 500,000 37% >500,000 single taxpayers: qualified dividends and long - term capital gains tax rate income bracket 0% 0 to 38,600 15% 38,601 to 425,800 20% >425,800 the tax rate tasha will pay on her investment income is %.
Answer
# Explanation:
## Step1: Identify capital - gains income bracket
Tasha has $12,000 in long - term capital gains. Looking at the "Single Taxpayers: Qualified Dividends and Long - Term Capital Gains" table, the income bracket for $12,000 is 0 to $38,600.
## Step2: Determine tax rate
The tax rate for the 0 to $38,600 income bracket for long - term capital gains is 0%.
# Answer:
0