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Gypsyinu

12/09/22 11:27 AM

#100531 RE: KeithPB50 #100509

Are you in the U.S. Keith?
Bullish
Bullish

xtRaCoRtx

12/09/22 12:09 PM

#100540 RE: KeithPB50 #100509

Its different for us Canadians -

"Contrary to popular belief, capital gains are not taxed at a set rate of 50%, nor are they taxed in their entirety at your marginal tax rate. Rather, only half (50%) of the capital gain on any given sale is taxed at your marginal tax rate (which varies by province)."

https://www.moneysense.ca/save/taxes/capital-gains-tax-explained/