How To Legally PAY ZERO Tax on Capital Gains!
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- čas přidán 4. 07. 2024
- Yes, You Can Pay ZERO Capital Gains Tax When You Sell Investments. Here's How...
Did you know that there was a 0% tax bracket for capital gains?
And that there are people with 6-figure incomes and multi-millionaires that are qualifying for it?
Well, there is - and all you have to do is earn a specific type of income and meet a few requirements.
As a licensed CPA at mycpacoach.com, I have seen people save tens of thousands in taxes from this strategy alone.
They simply take advantage of differences in tax rates for certain types of income.
And I want to show you how it works so let's jump right into it.
The 0% Tax Bracket: (0:00)
How To Qualify: (0:40)
Example: (2:29)
Tax Strategy 1: (3:00)
Tax Strategy 2: (6:09)
My Opinion: (8:20)
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Thank you for the video!
Exactly what I needed to know. Thank You.
Awesome. You’re welcome!
Great information!!!!! Why is this not taught in schools? Thank you!
Glad you found it helpful! And good question 🤔
The beautiful thing is, whether or not we know the law, we get the benefits of the law!! So just buy assets for the long-term. Everything else works out great. The problem is most people aren't buying assets. If anything this is a psychological problem, not really a CPA problem 😂❤😂❤😂
Does this work on stocks?
The beautiful thing is, whether or not we know the law, we get the benefits of the law!! So just buy assets for the long-term. Everything else works out great. The problem is most people aren't buying assets. 😂❤😂❤😂
Sherman can help with vetting my long-term investment strategy??
Say I had a disabled cousin on social security in the 0% tax bracket but eventually he had 1 million dollars in stocks that were sold.. how much in tax would he have to pay total?
Hello. Will they count Pension Income as Earned Income, when considering your tax bracket?
It may.