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Posted On: 12/12/2019 11:22:32 AM
Post# of 85995
For some of you here about long-term capital gains taxes. If you have owned this stock for 1 year and 1 day, you qualify for long term capital gains. Now if you are retired like me, and you file jointly with your wife and your income is $0-$80,000, you owe zero taxes on the sale of your stock. We do not make $80,000 since we retired, so if I sell $1,000,000 worth of shares, zero taxes-look it up.
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