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Capital Gains - Long Term ESPP
I sold some stocks that I have purchased with my ESPP - Long Term (I held them for about 10 years). I made about 12K Capital Gains.
I don't know if I am entering anything incorrectly as my Federal Tax Return was decreased 2,300 and my State Tax was liability increased by 500 - So the sell of these stocks are representing about 3K in taxes.
My effective tax rate is 15.18%. I checked schedule D and they are classified Long Term. Is there anything I need to take special attention when filling this in turbo tax?
Wednesday