A.I.M. Users Bulletin Board

[Toofuzzy]

Aimstudent

The answer to ALL tax questions is " it depends"

Now that I answered your question which I am not sure I understand, the first dollar that you make above the limits I outlined will be at 10% till you exceed that bracket. From what I saw, that was pretty high but I was only looking at unearned income.

As is usually said in any tax article and which I didn't " consult your own tax advisor" This time a year is a good time to do that to see what will get you to tax breakpoints. It may be worth it to take MORE gains and increase your cost basis by selling something at a gain and buying it back again. That way you will have less gains in the future. Wash sales are only on losses.

Toofuzzy

PS:If I didn't make it clear in my example the numbers were for a single person.