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This makes me feel alot better. So basically id just pay 12% income tax?
Let me make sure I'm reading this wiki right... If i file as single making 39k a year I pay ZERO capital gains tax?
But if you only withdrawal 1k... how are you taking profits? See what i mean? You invested 50k. So ur still eating into ur original investment right?
Lets say ive invested 50k in stocks, and my stocks are now valued at 100k So.... i start taking 1k out of my account monthly to live on. Do i...