After looking into the Biden administration's proposed capital gains tax increases, I've come to the conclusion that the plan is tragically flawed. His plan will not just be damaging to me ...
You could owe capital gains tax if you sell a home that has appreciated ... “Instructions for Form 8824 (2022): Like-Kind Exchanges (and Section 1043 Conflict-of-Interest Sales).” ...
as opposed to the short-term capital gains tax rate of 0% to 37%. Investors can download investment income forms from their brokerage firm: IRS Form 1099-B for capital gains, 1099-DIV for dividend ...
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