Vanessa A
Expert Alumni

Investors & landlords

Where are you seeing the stock sales are being taxed at 22.4%?  The 22.4% sounds like an average of tax rates as all of the rates are even numbers.  So, if it was at your ordinary income tax rate it could be 22% but not 22.4%.

 

Also, if you are single and your taxable income total is over $40,400, then your capital gains rate would be 15% most likely unless your income was over $445,850. 

 

What are your sources of income and how much income in each category do you have?

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