3 ms·
Why not simply apply the gain over the time period. If you get $50k gain after 10 years, that's counted as $5k gain per year and we already know what tax bracke
by Traster 7y ago
Why not simply apply the gain over the time period. If you get $50k gain after 10 years, that's counted as $5k gain per year and we already know what tax bracket you were in for those years so you submit a revision and pay the tax that would've been due in each of those years.
- leetcrew 7y agothat would be a reasonable solution. I wouldn't oppose it if it came with a slight cut to income tax rates.