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Updated almost 12 years ago on . Most recent reply
Tax question
Do long term or short term gain affect your tax bracket. If you want to know what your going to pay in short term gains you need to know your tax bracket, but since short term is ordinary income, doesn't that change the bracket, or is t he bracket based simply on what you make at your passive/active income.
Thanks
Most Popular Reply

Short term gains affect your bracket. Long term do not. Again remember that is only your marginal rate.