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Financial Planning / Tax Strategies


Subject:  Re: Trader tax bracket Date:  7/9/1999  4:20 PM
Author:  4aapl Number:  17112 of 127616

"A portion of the long term gain is then added to your income before your normal income tax rate is applied."

Is that right? This is basically what I was asking about....are there any things like this that I just wasn't seeing.

Though I didn't have any long term capital gains last year, I went through the form just to test it out. I don't remember seeing anything like looked like all of the long term gains dropped out before the value was added back into your normal income. But if I missed something like this I definitly want to know about it now rather that later. Thanks

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