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re: capital gains tax question
Posted on 11/24/14 at 12:44 pm to Chuckd
Posted on 11/24/14 at 12:44 pm to Chuckd
Stocks held less than one year and are sold will have the gains taxed at your normal income rate (whichever tax bracket you fall in)
Gains for stocks held over one year are taxed at the long term capital gains rate (probably 15% unless your income is over $400k)
Gains for stocks held over one year are taxed at the long term capital gains rate (probably 15% unless your income is over $400k)
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