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Home Market Research Markets

Why Your Regular Retirement Income Is Hiking Your Capital Gains Tax (and What to Do About It)

by TheAdviserMagazine
3 months ago
in Markets
Reading Time: 1 min read
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Why Your Regular Retirement Income Is Hiking Your Capital Gains Tax (and What to Do About It)
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fizkes / Shutterstock.com

You did everything right. You kept your income moderate, sold some appreciated stock, and assumed most of your gains would land in the 0% capital gains bracket. Then you filed, and your capital gains tax was an unpleasant surprise. Capital gains and qualified dividends can quietly bump you into a higher capital gains bracket because they layer on top of taxable income in your return.



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