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May 16, 2024
5:09:45pm
creameryon9th All-American
Amending my tax return w/ a couple stock sales I missed. Both long-term sales
so I would think my gains would be taxed at a 15% rate, but TurboTax is calculating and applying 18.7% against each one. Why? Everything I read says long-term capital gains follow income levels and are 0%, 15%, 20%.....I clearly fall in the 15% rate so really confused why the automated calculation is doing 18.7% of the gains for each sale. Any thoughts?
creameryon9th
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creameryon9th
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Jul 28, 2015
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May 31, 2024
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