tax bracket
Noel purchased 100 shares of stock for?$12per share. During the? year, he received dividend checks amounting to?$117.Joel recently sold the stock for?$21per share. Joel is in a33?%tax bracket. He would pay?$297in taxes if he held the stock for less than a year. How much would Joel save in taxes if he held the stock for more than a? year, assuming he sold it for the same? amount?
tax bracket