ncpe Fellowship

If you are 65 or older and single, your standard deduction increases by $1,650 to $14,050. If you are 65 and married, each spouse gets an additional $1,300 standard deduction. ... The maximum federal income tax rate on long-term capital gains recognized in 2020 is only 15% for most taxpayers, although it can reach 20% at higher income levels ... ................
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