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Investors & landlords
It will depend if the capital gain is short term or long term. Short term capital gain means that the timing between the buy and the sell of the asset was less than a year would be taxed at the ordinary income rate. If it was long term, meaning that it was held more than a year, then this is how it would be calculated ; "upto" 41,675 would be 0%, from 41,675-100k would be at 15%, please see link for capital gain calculationhttps://blog.turbotax.intuit.com/income-and-investments/capital-gains-tax-calculator-48615/
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‎January 16, 2023
3:09 PM