Capital Gain Rates
The most frequently asked tax questions related to Capital Gain Rates
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Answer Tax QuestionsLong Term Capital Gains (greater than a year) Rates
Asked Sunday, January 15, 2012 by an anonymous user
Long term rates apply to gains from the sale of capital assets such as stock that you held for MORE than one year.
Long-term gains and qualified dividends are taxed at;
0% if taxable income falls in the 10% or 15% marginal tax brackets 15% if taxable income falls in the 25%, 28%, 33%, or 35% marginal tax brackets 20% if taxable income falls in the 39.6% marginal tax bracket 25% on Depreciation Recapture 28% on Collectibles 28% on qualified small business stock after exclusion
Long-term gains and qualified dividends are taxed at;
0% if taxable income falls in the 10% or 15% marginal tax brackets 15% if taxable income falls in the 25%, 28%, 33%, or 35% marginal tax brackets 20% if taxable income falls in the 39.6% marginal tax bracket 25% on Depreciation Recapture 28% on Collectibles 28% on qualified small business stock after exclusion
Short Term Capital Gains ( less than a year)
Asked Sunday, January 15, 2012 by an anonymous user
Short term capital gains are taxed at ordinary income rates.
However, you can offset short term capital gains with long term and short term capital losses and any capital losses carried over from previous years that you did not use.
However, you can offset short term capital gains with long term and short term capital losses and any capital losses carried over from previous years that you did not use.
Dividends & Long Term Capital Gains - Qualified Tax Rate for 2016
Asked Sunday, January 15, 2012 by an anonymous user
The rate for Individuals whose other taxable income is in the 10% or 15% bracket pay no tax on their qualified dividend’s in 2013. The rate is 15% for Individuals whose other taxable income exceeds the 15% bracket and are in the 25% or 28% or 33% or 35% bracket. The rate is 20% for Individuals whose other taxable income is in the 39.6% bracket.