Niocorp Developments Ltd (NB): long-term capital gains are taxed separa...

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Re: cuttinglosses post# 71565

Sunday, 04/25/2021 10:22:01 AM

Sunday, April 25, 2021 10:22:01 AM

long-term capital gains are taxed separately from your ordinary income, and your ordinary income is taxed FIRST. In other words, long-term capital gains and dividends which are taxed at the lower rates WILL NOT push your ordinary income into a higher tax bracket

Long term shareholders will be taxed at only 15-20% pending on the amount of money they take out.

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