Tag Archives: income rates
Make Sure To Factor In Capital Gains When You Sell
WILL YOU PAY CAPITAL GAIN RATES WHEN YOU SELL?
It’s a fact: if you sell capital property like your home or stocks at a gain, you’ll have to pay capital gains taxes.
But the more you know about capital gains, … Continue reading
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Also tagged accountant, accounting, business, capital gains, cpa, long island, tax, tax season
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How Will My State Apply Capital Gains Rates?
Example:
A two wage-earner married couple with two kids have total salaries of $115,000 and itemized deductions of $35,100. Total ordinary taxable income is $63,900.
In addition, they have LTCG of $12,000 generated from sales of stock. The first $11,000 … Continue reading
Posted in News & Articles
Also tagged accountant, accounting, capital gains, cpa, long island, tax
Comments Off on How Will My State Apply Capital Gains Rates?