Juan is a single taxpayer. He earned $45,000 in ordinary taxable income this year and has $10,000 in capital gains on an investment he held for 6 months. Using the tables, what tax rate will Juan pay on his investment income?
Single Taxpayers: Income Brackets
Tax Rate Income Bracket
10%
O 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%
O to 38,600
15% 38,601 to 425,800
20%
> 425,800
OA. 0%
OB.
10%
ОС. .
12%
OD
15%
OE
22%