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If you sell stock that you have held for at least one year what is the maximum capital gains rate?
Wiki User
∙ 11y ago
The maximum federal rate is 15%.
The maximum state rate varies by state.
However, keep in mind that your capital gains are part of your AGI. A high AGI can cause various deductions to be phased out. A high AGI can also cause a higher percentage of your Social Security benefits to become taxable. It can also cause you to become ineligible for the Savers Tax Credit or EIC, for example. So, although the nominal maximum tax rate is 15%, there may be other side-effects that cause other taxes to go up.
Wiki User
∙ 11y ago
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If you sell a stock for higher than you bought what do you have to claim on you taxes?
capital gains
Can you take a capital loss on home sale to offset stock gains?
No, not if the home is your personal residence at the time of sale. A loss on a personal residence is not deductible. It cannot be used to offset any type of gains, ordinary or capital in nature.
What would be the entry on authorized capital stock?
There is no entry required for authorized capital as it is just the information purpose that a company can issue that much of capital maximum.
Can stock losses be written off dollar for dollar agains capital gains?
Stock losses are capital losses. They can be taken against capital gains. (There are some matching rules - like long and short term, but generally yes). In fact, up to K a year of unused cpaital losses can be applied against ordinary income. Unused losses are alos able to be darried forward.
What is the capital gains tax rate for the selliing of stock shares?
15% for Long Term, Ordinary Rates for short term www.TaxMeThis.com
What are formulas of a Capital gains yield on a stock held for one year?
Capital Gains Yield = (Ending Price-Beginning Price)/Beginning Price For example, if you buy stocks in Apple, Inc. at a price of $100 and a year later the stock is valued at $110, the capital gains yield is equal to 10%
If you sell a stock for higher than you bought what do you have to claim on you taxes?
capital gains
Can dividend checks be reinvest it in the stock and not pay capital gains tax on it as income?
No.
How is revenue from stock investing taxed?
Taxes on investment gains fall into two categories, long and short term capital gains.
What is the best way to find the original price of a stock for capital gains tax purposes?
How do i find the price of a share on 01.06.1993 in order to calculate any capital gains tax liability
What is the definition of Capital Gains Yield?
The definition of 'Capital Gains Yield' is when the price change portion of a stock returns. You can also find more definitions on more variations of this topic on many informative websites such as Wikipedia.
How do you measure unrealized capital gains?
If you are referring to mark to market then: for stocks: get a quote from you stock broker. for houses: get an appraisal
Can you take a capital loss on home sale to offset stock gains?
No, not if the home is your personal residence at the time of sale. A loss on a personal residence is not deductible. It cannot be used to offset any type of gains, ordinary or capital in nature.
What would be the entry on authorized capital stock?
There is no entry required for authorized capital as it is just the information purpose that a company can issue that much of capital maximum.
What are the tax rates on short term capital gains and long term capital gains for a student with no income but who has 10000 in the stock market?
There is no such animal as a short term capital gain or loss... When you hold the stock for a year or more it is treated as capital and the tax rate on your realized gains is (currently) 15%. If you sell out and had held for less than a year, your gain or loss is netted together with other ordinary income such as the pay you get from a regular job, and is subject to the same tax rates as for your regular paycheck.
Can stock losses be written off dollar for dollar agains capital gains?
Stock losses are capital losses. They can be taken against capital gains. (There are some matching rules - like long and short term, but generally yes). In fact, up to K a year of unused cpaital losses can be applied against ordinary income. Unused losses are alos able to be darried forward.
What is the capital gains tax rate for the selliing of stock shares?
15% for Long Term, Ordinary Rates for short term www.TaxMeThis.com
