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Any clue where the cutoff for declaration of capital gains lies?

• briHass 10y ago
  The short answer is that there is no cutoff. There are certain cases based on the time you held the asset (long-term) and you having a low income, but most likely, tax is due on all capital gains, and regardless, they must be reported. https://www.irs.gov/uac/ten-important-facts-about-capital-gains-and-losses https://www.irs.gov/uac/ten-important-facts-about-capital-ga...