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Financial Planning / Tax Strategies


Subject:  Re: Capital Gains and State Income Taxes Date:  11/27/2001  9:24 AM
Author:  crice71 Number:  55493 of 124795

Thanks for the info lorenzo2. To answer your question, I am a resident of Maryland.

If capital gains are included in AGI, then is it true that capital gains are taxed at the same rate as ordinary income at the state level?

Does having a large capital gain push ordinary income into higher tax brackets?

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