Most of us generally understand how taxes and capital gains taxes work. Also, we understand that ordinary income is taxed on one schedule and capital gains are taxed on another schedule.

The question is, will capital gains increase the taxes I pay on my ordinary income? We also want to know what is the difference between shortterm capital gains and longterm capital gains.

In today's video, James Conole is going to help you understand how capital gains impact the taxes you pay on the rest of your income and whether will it push you into a higher tax bracket.

Learn the tips & strategies to get the most out of life with your money.

⏰ TIMESTAMPS
00:00 Introduction
1:50 Capital Gains Tax
3:15 Capital Gains Taxes Explained
5:25 Ordinary Income v. Capital Gains
7:31 Tax Planning Strategies
8:33 Tax Brackets & Tax Rates


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