Calculating taxes on security transactions. If Isabella Rodriguez is single and in the 24 percent tax bracket, calculate the tax associated with each of the following transactions. (Use the IRS regulations for capital gains in effect in 2018.) a. She sold stock for $1,200 that she purchased for $1,000 5 months earlier. b. She sold bonds for $4,000 that she purchased for $3,000 3 years earlier. She sold stock for $1,000 that she purchased for $1,500 15 months earlier.
