Quote:
Originally Posted by Nik00117
15% you mean
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15% on what? the rate of return or the taxes?
the rate of return came out to about 11.8 something so I rounded up to 12% based on the mutual funds realized gain/loss calculation..
as far as the taxes... Based on my income level, Capital gains rate is 5%
my income tax rate is 15% though.
Once the Bush Tax cuts expire though.. that won't be true anymore..