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Capital Gains Tax 2025 Married Filing Jointly 2025
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Capital Gains Tax 2025 Married Filing Jointly 2025. The amount of taxes paid is based on income. The higher your income, the more you will have to pay in capital gains.
For the 2023 tax year, the standard deduction for married couples filing jointly is $27,700, nearly double the $13,850 deduction for those filing separately. This extra tax kicks in based on specific income thresholds that depend on your filing status (like individual or married filing jointly) and aren’t adjusted for inflation.
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