How to Pay ZERO in Capital Gains Taxes [6 Scenarios]
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- čas přidán 7. 05. 2024
- Understanding the tax code can save you thousands in a given year, and tens or hundreds of thousands over your lifetime!
In this video, Jake explains 6 different situations where capital gains not subject to ANY taxes!
Visit us at www.sparkwealthadvisors.com to learn more.
*This content is educational and not tax, legal, or investment advice*
Interesting the bracket is $94,050 vs the 12% bracket which goes to $94,300. In effect there is a small window ($250) where you would pay a higher rate for a long term capital gain than you would a short term capital gain or ordinary income (15% vs 12%).
Great observation! This is why I try not to say "long term capital gains taxes are ALWAYS lower than income taxes".