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The rate of 28% on collectibles capital gains is a maximum rate. Your rate will not exceed your marginal tax rate in any case.
Please read this IRS document.
The rate of 28% on collectibles capital gains is a maximum rate. Your rate will not exceed your marginal tax rate in any case.
Please read this IRS document.
Thank you. I've read more stuff than I can remember but nothing as crystal clear as your response.
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