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| Subject: Very basic capital gains tax question. | Date: 12/22/2010 1:39 AM | |
| Author: chsmrmt | Number: 111698 of 118626 | |
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Suppose I sell stock for a long term capital gain of $100. I pay the 15% capital gains tax ($15). Am I done paying taxes on that money? Or does this $100 (now $85) then get taxed as part of my annual adjusted gross income according to my current tax bracket? Thanks for your help. -Brandon |
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