when you earn money or make purchases, the taxes you pay can differ quite a bit.\nif you sell investments…

when you earn money or make purchases, the taxes you pay can differ quite a bit.\nif you sell investments after holding them for a long time, what tax rate will you pay on those profits?\nchoose 1 answer:\na 0.2% - 4%\nb 0% - 10%\nc 0% - 20%\nd 0% - 37%

when you earn money or make purchases, the taxes you pay can differ quite a bit.\nif you sell investments after holding them for a long time, what tax rate will you pay on those profits?\nchoose 1 answer:\na 0.2% - 4%\nb 0% - 10%\nc 0% - 20%\nd 0% - 37%

Answer

Brief Explanations:

Long - term capital gains (from selling investments held for a long time) have tax rates. The tax rate for long - term capital gains ranges from 0% (for those in the lowest income brackets) up to 20% (for higher income earners).

Answer:

C. (0%) - (20%)