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How Much Tax Are You Paying? Maybe a Lot More Than You Should!


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#1 OEXCHAOS

OEXCHAOS

    Mark S. Young

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Posted 26 September 2018 - 12:46 PM

From the article:
 

The 60/40 Rule

Currently, the maximum long-term capital gains tax rate is 20% and the maximum short-term capital gains tax rate is 39.6%. Under the 60/40 rule, futures traders can achieve a net maximum blended tax rate of 27.84%. Depending on your tax bracket, this figure may be lower. For example, assume you make $50,000 one year trading the ES. $30,000 will be taxed at the lower, long-term capital gains rate, and $20,000 will be taxed at the higher, short-term capital gains rate.


Read more: Beginner's Guide To E-Mini Futures Contracts: Tax Advantages | Investopedia https://www.investop...p#ixzz5SEO5Icgj 
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#2 libertas

libertas

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Posted 27 September 2018 - 11:50 AM

Index options are also sec 1256



#3 OEXCHAOS

OEXCHAOS

    Mark S. Young

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Posted 27 September 2018 - 03:26 PM

Indeed!


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