Time Capital Gains to Trim Tax Tab
by Mary Kane, Associate Editor, Kiplinger's Retirement Report
Sep 03, 2018
2 minutes
By now, many taxpayers are aware of most of the significant changes in tax law that took effect this year, including a higher standard deduction and a cap on state and local tax deductions. But the new tax law also refigured the taxation of capital gains and qualified dividends.
Short-term capital gains--that is, profits from the sale or exchange of capital assets held for a year or less--are still
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