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URL:  http://boards.fool.com/as-long-as-you-qualify-for-long-term-gains-they-29084054.aspx

Subject:  Re: Selling stocks with substantial run up Date:  2/6/2011  9:29 AM
Author:  MurrayS Number:  68414 of 75340

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.

-murray
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