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How to benefit from 2008 capital-gains tax change

Starting next year, the tax rate on long-term capital gains from sales of stocks, mutual funds and other securities is scheduled to drop to zero for taxpayers in the two lowest ordinary-income brackets. Financial planners say that additional taxpayers can gain from the change by reducing their taxable income through deductions, such as charitable donations or mortgage interest, or by investing more money in 401(k) plans and other tax-advantaged accounts.

Wall Street Journal, The | 01/17

This story published in NAW SmartBrief on 01/29/2007

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