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Matthew Frankel's article on 2020 capital gains says "On the other hand, long-term capital gains get favorable tax treatment. They are taxed at rates of 0%, 15%, or 20%, depending on the investor's taxable income."

This statement seems to imply that the long term gains aren't taxable income.
Or is the statement just too simplistic?

It misled me (and got me excited) to think my lt gains would be 0%. In fact the sentence should end with "depending on the investor's taxable income including the amount of the long term gains" Right?

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