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Schedule D 540 California Capital Gain or Loss Adjustment Schedule D 540 California Capital Gain or Loss Adjustment Form

Schedule D 540 California Capital Gain or Loss Adjustment Schedule D 540 California Capital Gain or Loss Adjustment Form

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what's going on guys alex here today i'm answering your tax questions from reddit so today's question has to do with long-term capital gains and how the rates are calculated for income tax purposes beautiful question i love this question it's submitted by fritz kubiak and it says the following i plan to realize approximately 100 000 of capital long-term capital gains in tax year 2020 from the sale of vacant land i have never reported long-term capital gains before and i want to see if my understanding of how the tax rate is determined is correct my ordinary income from my job will be 80 000. i'm married and will be filing jointly i understand the zero percent long-term capital gains bracket ends at 80 000 my question is this do i add the long-term capital gains to my ordinary income when determining which long-term capital gain tax bracket i fall into for example i would use a hundred thousand as my income when determining which long-term capital

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