capital gains-individual income Hi,
I am thinking about selling some stock through E-trade. I know for long term capital gains (hold stocks for at least a year) the sale of the stocks will be taxed at 15% as determined by my income tax bracket.
We are close now to be going into the next tax bracket for regular income taxes. Will the sale of the stocks be counted toward our joint income tax and push us to the next tax bracket?
Thank you,
Shane |