Re: Schedule D

From: Rich Carreiro <rlcarr@animato.pn.com>
Subject: Re: Schedule D
Date: Tue, 26 Jan 1999 23:41:02 -0500

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>What is the purpose of the additional calculations on page 2 of Schedule D?
>They seem to reduce your tax a few dollars compared to the tax table, but
>what is it actually calculating?

They are applying the 10% and 20% (and 25% and 28% for those few
people with those types of gains) capital gain tax rates to long-term
capital gains.

Rich Carreiro
rlcarr@animato.pn.com
P5-100/RedHat Linux 4.2

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