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Taxes

Long / Short-Term Capital Gains / Losses

What about high-income taxpayers who earn short- or long-term capital gains? Are there additional considerations?

Under current tax laws, depending on your income, you may also be responsible for an additional 3.8% unearned income Medicare contribution tax (net investment income tax) applied to capital gains, so it is best to understand the tax consequences for any investment, and speak to a competent tax professional when you incur gains and losses from your investments.



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