ilmscore | Prediction Details
"long-term capital gains receive much better tax treatments the tax rate for long-term capital gains it's about half your regular tax rates and if you're under a certain income threshold you will qualify for a zero percent tax rate in that case you will pay zero taxes at the federal level your profits will be 100 tax free"
By ClearValue Tax | January 6, 2023 | Pending
From video
How to Avoid Taxes Legally in The US (Do This Now!) 00:05:38 - 00:05:59
Interpreted Prediction
Holding stocks or cryptocurrencies for over a year before selling results in long-term capital gains, which are taxed at approximately half the rate of regular income. Individuals below a certain income threshold may qualify for a 0% federal tax rate on these gains.

Prediction Details

Ticker
BTC
Initial Price
16,943.06 USD

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