The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Selling stocks with substantial run up Date:  2/6/2011  9:29 AM
Author:  MurrayS Number:  68414 of 88817

As long as you qualify for long term gains, they max out at 15%.

This is true if your income isn't high enough to push you into alternative minimum taxes. I just plugged in some fictitious numbers into Turbo Tax and my tax rate on long term capital gains would be 23% (we are subject to AMT).

I'm not sure if capital gains could push you into AMT.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us