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Author: Icabad One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121322  
Subject: Know when to hold 'em, know when to fold 'em... Date: 4/14/1999 6:49 PM
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We've been pleasantly surprised by both our stocks and our taxes this year, finding ourselves in a low bracket, and having a portfolio that's performing beyond our wildest dreams. As such, it is not inconceivable that our portfolio "winnings" might eventually push us into a high(er) bracket, such that the benefits of holding long-term outweigh the benefits I've so far acheived by buying and selling here and there.

Can anybody guide me as to how I might figure out what that point is? I thought it would be as simple as taking capital gains and adding it to taxable income, and then looking at the bracket for that - but after doing our taxes, it seems to be not so simple (in this case, our cap gains were just thrown on top, and then the total taxed- but there must be a point where the capital gains start being a different rate (40%) than income tax...)

If it matters-
3 kids, homemaker wife, one job (plus Army reserves).

Icabad
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