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Get your taxes done using TurboTax
that capital gain is added to your other taxable income and then $83350 is subtracted. the excess is taxed at 15%. so in the most simple situation if you had taxable income of $106350 including the capital gain the $23000 would be taxed at 15%. if you had taxable income of $83350 including the capital gain the $23000 would be taxed at zero
March 15, 2023
5:14 PM