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May 2024

Let's Talk About Capital Gains

Posted on May 01, 2024


Effective June 25, 2024, any capital gains earned up to the first $250,000 will continue to use 50% as the inclusion amount you would have added to your income for the year you sell. (So for a $200,000 capital gain, $100,000 would be added to your income for that year). For any remaining capital gains over $250,000, the new inclusion amount is two...

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