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Business & farm
To provide a little more clarification, the capital gains rate can be 0%, 15% or 20%.
Your rate depends on your taxable income and filing status.
As was noted by @Mike9241 , you can see this determination by reviewing your capital gain tax worksheet within TT.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
‎April 28, 2023
1:23 PM