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A rally on Wall Street, throwing in the towel on housing and Wolfgang Puck 10/21/22

Power Lunch

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How to Pay Zero Capital Gains in 2023

Some investors could qualify for a zero percent tax rate on long-term capital gains next year. IRS is also raising the standard deduction for next year to $13,850 for single filers and $27,700 for couples filing jointly. Once deductions are taken into account, a retired couple with a six-figure income could be in the lowest tax bracket.

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