Birdwatch Note Rating
2024-04-18 16:14:14 UTC - HELPFUL
Rated by Participant: 0F2E9CBA6CF7F026CCAD9161C81B74E78910738B9A11C5A58CF824A3102AAA72
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Original Note:
In the US, capital gains aren't fully taxable at 100%. Long-term gains (assets held over a year) are taxed at 0%, 15%, or 20%, based on income. Short-term gains are taxed as ordinary income, ranging from 10% to 37%. https://www.nerdwallet.com/article/taxes/capital-gains-tax-rates https://www.fidelity.com/learning-center/smart-money/capital-gains-tax-rates https://smartasset.com/taxes/2021-capital-gains-tax-rates https://turbotax.intuit.com/tax-tips/investments-and-taxes/guide-to-short-term-vs-long-term-capital-gains-taxes-brokerage-accounts-etc/L7KCu9etn
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