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RDub

Joined: 2/19/09 Posts: 12307
Likes: 1493


Remember that capital gains are generally taxed at lower rates than income


So even a sizable capital gain may not increase your taxes by that much, or even at all. I ended up paying no federal taxes on a decent chunk of capital gins this year. Of course that doesn't help with my state taxes but that's a separate issue.

(In response to this post by Ronald Mexico)

Posted: 04/19/2017 at 12:47PM



+2

Current Thread:
 
  
? for any of your CPA types. -- Ronald Mexico 04/19/2017 12:07PM
  Thanks FH....this was more my understanding. -- Ronald Mexico 04/19/2017 12:55PM
  Probably (see rules linked) -- Stimp 04/19/2017 12:12PM

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