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The basic rate for capital gains taxes seems to be 15%. From their, depending what you are doing the rate can go up. For most people though the rate is 15% ttp://www.farmcpatoday.com/2011/02/08/capital-gains-tax-rates-for-2011/

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What is the dividend tax rate?

The federal tax rate for what are known as "qualifying dividends" is the same as the long term capital gains tax rate. The rate for all other dividends is the same as the ordinary income rate. Mutual funds sometimes issue a dividend known as a "capital gains dividend" or a "capital gains distribution." This is a capital gain passed through from the fund and is treated as a long term capital gain to the shareholder.


What is the capital gains tax on long term?

Tax Rate on Long-Term Capital GainsCapital gain income from assets held longer than one year are generally taxed at a special long-term capital gains rate. The rate that applies depends on which ordinary income tax bracket you fall under. Zero percent rate if your total income (including capital gain income) places you in the ten or fifteen percent tax brackets.15% rate if your total income (including capital gain income) places you in the twenty-five percent tax bracket or higher.For 2010 Tax, Single can make $34,500 (If Capital Gain alone) and pay no Federal Tax. For married it is $68,675.Remember, you might have to pay state tax.Cool huh?


What is the short term capital gain rate for stocks?

The short term capital gain on a stock held for less than one year is the rate you pay on ordinary income.


What percentage of tax do you have to pay on capital gain?

The federal long term capital gains rate is 15% for most people. For low income people in 2008 thru 2010, the rate is 0%. The federal rate for short term capital gains is the same as the rate on ordinary income. In addition, state income taxes may apply, which vary by state.


What is the difference between long term capital gains and short term capital gains?

When you buy an investment and then sell it in less than a year, the held longer than one year. Short term gains are taxed at your current federal tax rate and a state tax rate. Long term gains are taxed at 15% for the feds and a state tprofit you've made is called short-term capital gain. Long term capital gain is profit from investments ax(unless you're in the 10% or 15% fed.income tax bracket, then the federal LT gain tax is ZERO in 2008!).

Related Questions

The capital gain rate for someone who makes over 29400 per year is?

The (long term) capital gain rate for incomes over @10K is 15%


What is the dividend tax rate?

The federal tax rate for what are known as "qualifying dividends" is the same as the long term capital gains tax rate. The rate for all other dividends is the same as the ordinary income rate. Mutual funds sometimes issue a dividend known as a "capital gains dividend" or a "capital gains distribution." This is a capital gain passed through from the fund and is treated as a long term capital gain to the shareholder.


How long do you need to hold a stock to minimize gains taxes?

One year makes any gain from the sale a long term capital gain which is at a lower tax rate than a short term gain.


What is the capital gains tax on long term?

Tax Rate on Long-Term Capital GainsCapital gain income from assets held longer than one year are generally taxed at a special long-term capital gains rate. The rate that applies depends on which ordinary income tax bracket you fall under. Zero percent rate if your total income (including capital gain income) places you in the ten or fifteen percent tax brackets.15% rate if your total income (including capital gain income) places you in the twenty-five percent tax bracket or higher.For 2010 Tax, Single can make $34,500 (If Capital Gain alone) and pay no Federal Tax. For married it is $68,675.Remember, you might have to pay state tax.Cool huh?


How do I figure out my capital gains tax?

To calculate your capital gains tax, subtract the cost basis of your investment from the selling price to determine the capital gain. Then, apply the appropriate tax rate based on how long you held the investment. Short-term capital gains are taxed at your ordinary income tax rate, while long-term capital gains are taxed at a lower rate.


Is the long term capital gains tax rate changing in 2011?

thats my question what is it nowand will it change


What is the short term capital gain rate for stocks?

The short term capital gain on a stock held for less than one year is the rate you pay on ordinary income.


How is capital gain calculated for investments?

Capital gain for investments is calculated by subtracting the purchase price of an investment from the selling price. The resulting difference is the capital gain. This gain is then subject to capital gains tax based on the holding period and tax rate.


How much is the US capital gains tax?

Capital gain taxes are based in large part on your ordinary tax rate.... * Ordinary tax rate 10%, long term capital gains tax 0%, short term capital gains tax 10% * Ordinary tax rate 15%, long term capital gains tax 0%, short term capital gains tax 15% * Ordinary tax rate 25%, long term capital gains tax 15%, short term capital gains tax 25% * Ordinary tax rate 28%, long term capital gains tax 15%, short term capital gains tax 28% * Ordinary tax rate 33%, long term capital gains tax 15%, short term capital gains tax 33% * Ordinary tax rate 35%, long term capital gains tax 15%, short term capital gains tax 35%


What is the capital gain tax rate for nyc?

1000.3% Fo Realz


What percentage of tax do you have to pay on capital gain?

The federal long term capital gains rate is 15% for most people. For low income people in 2008 thru 2010, the rate is 0%. The federal rate for short term capital gains is the same as the rate on ordinary income. In addition, state income taxes may apply, which vary by state.


What is the difference between long term capital gains and short term capital gains?

When you buy an investment and then sell it in less than a year, the held longer than one year. Short term gains are taxed at your current federal tax rate and a state tax rate. Long term gains are taxed at 15% for the feds and a state tprofit you've made is called short-term capital gain. Long term capital gain is profit from investments ax(unless you're in the 10% or 15% fed.income tax bracket, then the federal LT gain tax is ZERO in 2008!).

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