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Capital gain tax rate

Why is Turbotax calculating tax rate for long term capital gain at 18.8% instead of 15%

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1 Reply
JosephF8
Expert Alumni

Capital gain tax rate

I would need more information before directly answering this but it is dependent on total income and other factors. You could be in the 20% bracket for some of it.

 

 

Capital Gains Tax Rates

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