Virginia Tech FIN FIN MISC John is a young professional who has $50,000 of taxable income for…
John is a young professional who has $50,000 of taxable income for 2021. He performed
well during the year so his employer gave him a $25,000 bonus (a bonus is considered
regular income). Calculate the extra taxes he will pay in 2021. Now what would the taxes be
if he were to make the $25,000 from long term capital gains. What is the take away from
(based on USA taxes)
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