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Do capital gains increase taxable income?

Noah Campbell | 2023-06-13 09:00:28 | page views:1554
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Jackson Taylor

Works at Microsoft, Lives in Seattle. Holds a degree in Computer Science from University of Washington.
While they are taxed separately, the rate is dependent on your ordinary income tax bracket. ... If your gains push you into the 25%, 28%, 33%, or 35% tax bracket, you will pay 15% on the gains. Beyond that, you will pay the top LTCG rate of 20%. Short-term capital gains are taxed as ordinary income, period.Mar 20, 2015
2023-06-16 09:00:28

Olivia Williams

QuesHub.com delivers expert answers and knowledge to you.
While they are taxed separately, the rate is dependent on your ordinary income tax bracket. ... If your gains push you into the 25%, 28%, 33%, or 35% tax bracket, you will pay 15% on the gains. Beyond that, you will pay the top LTCG rate of 20%. Short-term capital gains are taxed as ordinary income, period.Mar 20, 2015
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