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What You Need to Know About Capital-Gains Taxes (but Probably Don’t)

Source: https://wsj.com/articles/what-you-need-to-know-about-capital-gains-taxes-but-probably-dont-11560736980 - Jun 17, 2019

By tax-law standards, the rules on capital-gains taxes may appear fairly straightforward, especially for taxpayers who qualify for a zero-percent rate.

But many other taxpayers, especially upper-income investors, “often find the tax law around capital gains is far more complicated than they had expected,” says Jordan Barry, a law professor and co-director of graduate tax programs at the University of San Diego Law School.

Here is an update on the brackets for this year and answers to questions readers may have on how to avoid turning capital gains into capital pains.

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Category: General Business