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Get your taxes done using TurboTax
Thank you for the response! I did *not* think about the standard deduction at all ...
A few more questions if you please:
1. Seems to me that the capital gains increased my tax bracket. Is that true? 'cos just the standard deduction being used once against the combined income should not lead to my taxes jumping by 50%.
2. Is it also true that the capital gains tax rate is dependent on my overall income?
Thank you for your support!
a month ago