Have a look at what we cover in this article:
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How much do I need to make to owe taxes?
Back up. What exactly is gross income?
What tax exemptions and deductions are available to me?
What are tax deductions?
What are tax exemptions?
Common tax exemptions & tax deductions you need to know about
When do I have to pay capital gains taxes?
How do I calculate my capital gain?
So, how much do I have to pay?
Can I reduce my capital gains liability?