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If I am married, filing jointly, and my long-term capital gains exceeds the 15% limit how is it taxed exactly?
If my long term capital gains exceeds the 15% limit of $488,850....... Will the balance below the $488,850 be taxed at 15% and everything over that amount at 20% or will the entire balance be taxed at 20%? I can't seem to find this answer anywhere.
‎June 7, 2019
5:29 PM