Short-term gains taxed at ordinary income tax rate
Post# of 36728
Posted On: 01/28/2014 11:31:54 PM
Short-term gains taxed at ordinary income tax rates.
Long-term gains and qualified dividends 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.
Under Bush the long term capital gain tax was zero to the best of my recollection.
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