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Long Term Capital Gains at ZERO??
I have $227,000 in long term capital gains in a taxable account mutual fund. Since I have no earned income, my internet searches all seem to come up with a short answer of a 0% tax rate (Federal). I was thinking of "re-setting" this capital gain at ZERO this year, as I do anticipate earned income in future years.
Is there any amount cap on the ZERO Federal rate for long term Capital Gains.
Head of Household
1 Dependant
‎October 8, 2019
9:12 AM