One of the features of the federal income tax code is that it allows you to use capital losses to offset capital gains, and in some cases, ordinary income. Doing this allows you to lower your taxable income and therefore...
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What Is My Capital Gains Tax Rate?
As with ordinary income, there are multiple rates for capital gains taxes. Your capital gains tax rate is a function of (a) how long you held the investment and (b) your total taxable income. Short-term Capital Gains vs. Long-Term Capital...
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