Sharon and Gray file a joint tax return and have $750,000 of…

Question Answered step-by-step Sharon and Gray file a joint tax return and have $750,000 of… Sharon and Gray file a joint tax return and have $750,000 of taxable income in 2021. They had $50,000 of long term capital gains. At what tax rate will they be taxed on their long-term capital gains?  Ordinary income rates  15%  20%  25% Law Social Science Tax law ACCOUNITNG 367 Share QuestionEmailCopy link Comments (0)