PLEASE HELP ME !! I need done in 5MINUTES )::: I’m struggling so much Matthew is a single taxpayer who earns $75,000 per year in taxable income working as an accountant. He has $2,000 in long-term capital gains
on an investment that cost him $10,000 to purchase. Compute the tax on his investment to determine the after-tax return on investment (RON).
Single Taxpayers:
Qualified Dividends
and Long-Term Capital
Gains
Tax Rate
Income
Bracket
096
0 to 38,600
1596
38,601 to
425,800
> 425,800
2096
O
A 14%
B. 16.596
OC. 1796
OD. 18.996
E. 20%