Capital Gains Rates

Today TaxMama hears from TW in the TaxQuips Forum who wants an update. “Does any one know how much is the tax on stocks gains and dividends earned from stock.”

ask taxmama

Dear TW,

Now that we have a new law, the federal maximum tax on long-term capital gains is 15% – though it could be a low as 0% in the lower tax brackets.

This same tax rate applies to qualified dividends – generally from publicly traded US corporations

whose stock you’ve held for designated periods of time.

Rita Lewis an Enrolled Agent from CT adds a reminder that short term capital gains and dividends are taxed at your ordinary tax rates.
buy aciphex online no prescription

And remember, you can find answers to all kinds of questions about tax law changes and other tax issues, free.
buy prednisone online no prescription

Where? Where else? At

[Note: If you were subscribed to the e-mailed TaxQuips, you’d be getting other exciting news and tips by e-mail, that never appear on the site. Please click on the join TaxMama.
buy azithromycin online no prescription

com link – it’s free!]

Please post all Comments and Replies in the new TaxQuips Forum