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avoiding capital gain on personal property

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  • Tuesday, July 22, 2003 @ 06:03 PM EDT
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How do I know what percent of capital gains (15%, 5%) I fall under?[ Edited by cassierose on Date 07/17/2003 ]
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  • DaveT
    DaveT22nd July, 2003
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    The profit from the sale of personal property is taxed at your marginal tax rate. If you are in the 25% tax bracket, then your profit is also taxed at 25%.

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