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While the determination of the applicable rate of capital gains under TCJA is different, with the rate structure linked to taxable income " breakpoints " rather than tax brackets, there is in fact no difference in the effect of these changes. Long term capital gains taxed at zero, 15% or 20%
There is still time to mitigate your 2018 tax liability. Contact us we can help.
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Keana Spencer is an Accountant, Entrepreneur, and Educator to her clients, with a strong passion. Keana has over 10 years of experience and through her practice, she is a source of knowledge and strategies to her clients.