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Author: fh2000 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: Q: Long Term Capital Gain Rate Date: 11/24/1999 12:59 PM
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I understand the rules for long/short term capital gain.

For short term, it is the same as my rate. In my case, it is 31%, plus my California State tax.

For long term, my rate should be 20%, plus my California State tax.

But my question is, since my returns are all prepared by the same accountant for years, when I look at Schedule D "Capital Gains and Losses", underneath of Part II, Long-Term Capital Gains and Losses, how do I know that he did calulate with just 20% for the Federal, not my usual 31% for the long term gains?

I know this is a question for him. But I only talk with him once a year. :-)

Thanks very much.
Frank
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