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Subject:  Very basic capital gains tax question. Date:  12/22/2010  1:39 AM
Author:  chsmrmt Number:  111698 of 127637

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.
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