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March 13, 2023
Question

capital gains tax rate

  • March 13, 2023
  • 1 reply
  • 0 views

I had 2021 taxable income of $87408...tax owed $6908...7.9%

I had 2022 taxable income of $67379...tax owed $6498...9.64%

Why the higher rate in 2022 than 2021?

    1 reply

    March 17, 2023

    Can you clarify if the capital gain was short term or long term capital gains?

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