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When an Individual Taxpayer Has a Net Long-Term Capital Gain

Question 149

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When an individual taxpayer has a net long-term capital gain that includes both 28% gain and 0%/15%/20% gain, which of these gains will be taxed first when the alternative tax on net long-term capital gain method is used and what difference does it make?

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The 28% gain is taxed after the other ta...

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