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LuckyPanda

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LuckyPanda

Re: temocat post# 481122

Friday, 06/30/2017 7:06:31 PM

Friday, June 30, 2017 7:06:31 PM

Post# of 730623
temocat, thanks for finding the great news. Its going to be a wonderful 4th.

By the way, dont go celebrating on that 0% capital gain tax. I thought I found a loophole also but no...there's a cap on how much captial gain you can take at that 0% rate. If I recall, I believe once yohr capital gains exceed the income tax bracket for that 0% rate, you start paying the cap gain rate on the next bracket. its a progressive rate...just like ordinary income.
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