Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
rtan18
New Member

The gain from my investment sales decrease but I don't see my refund goes up. Why?

 
1 Reply
DanielV01
Expert Alumni

The gain from my investment sales decrease but I don't see my refund goes up. Why?

If the gain that is decreasing is long-term capital gain (investments held for more than 1 year), and you are in the 10 or 12% tax bracket, the tax rate on your long-term capital gains is $0.  So even though you reduce the gain, it may not increase your refund.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
Privacy Settings
v