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Investing: The new tax law may change the capital gains tax rate you pay

from Kiplinger's Personal Finance via Chicago Tribune

The Tax Cuts and Jobs Act left capital gains rates the same, but how that rate is determined has been changed under the new law. Most people with taxable accounts will continue to pay 15 percent on long-term capital gains and qualified dividends. Significantly, the tax law also preserves the 0 percent capital gains rate for eligible taxpayers, a popular tax-saving feature for retirees with taxable investments but not a lot of other income. more


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