Cap Gains distribution > change in income!?!
Is this right??? Say I get $100 capital gains distribution; then my taxable income increases more than $100... it increases by $185?! 1. First impact is $100 taxed as ordinary dividends. 2. Second impact is $85 increase in Social Security Benefits being taxable. So $100 in capital gains distribution creates $185 increase in taxable income? I've gotta be missing something here?!?
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