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Tim
Tim asked in Business & FinanceInvesting · 7 years ago

Do I have to pay for capital gains (from stocks) locally?

I'm wondering if I were to have earned say $2000 or so from the buying and selling of stocks, do I need to pay taxes on that at a local level?

Update:

Didn't have to after all.

2 Answers

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  • B
    Lv 7
    7 years ago

    yes, if your state has an income tax, bro.

  • I Like Turtles
    Lv 7
    7 years ago

    It is income tax. If your city has income tax then you do.

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