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URL:  http://boards.fool.com/capital-gains-and-state-income-taxes-16168011.aspx

Subject:  Capital Gains and State Income Taxes Date:  11/26/2001  12:23 PM
Author:  crice71 Number:  55465 of 121219

Do capital gains affect the level of state income tax liability? And if so, if I have a large capital gain for 2001, should I increase my state income tax withholding? If I underpay, will there be a large penalty? Any insight into this situation would be greatly appreciated.

Thanks!
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