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Author: buzman Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75381  
Subject: Re: Community Question Date: 9/26/2013 12:49 PM
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Why would it be 20%? LTCG rates are 0% if you're in the 15% or lower bracket and 15% until you hit the highest bracket (3.8% surtax kicks in at 200/250K). There might be state income tax as well (forget what state AM is in), but in general I'd expect LTCG rates to be below 20%, especially since AM doesn't sound like she's pulling in 450K+ annually.

-synchronicity

Nice catch...sorry for typo left out "could", my mistake.
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