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Form 1040 (Schedule D) online NV: What You Should Know

June 2018: We've had this blog available on this website for a few weeks now. Thanks for clicking through. There was some excitement about potential changes to the property rules. But that's mostly gone now. There was a lot of focus on increasing the maximum capital gains rate (up by a penny to 20 percent from 17.5%), and increasing the exclusion from the exclusion in the case of qualified state and local income taxes at a rate of 5/8ths of 1 percent (for a value of 100,000 or more in 2017) up to a maximum of 20,000 in each of 2025 and 2019. Also, to increase the exclusion from the exclusion in the case of qualified state income taxes at a rate of 5/8ths of 1 percent (for a value of 100,000 or more in 2017) up to a maximum of 50,000 in each of 2025 and 2019. Also increased the exemption amount to 15x above 15,000 on net self-employment earnings. We have an update on these on an upcoming blog.

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