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TAX % to pay on capital gains

TAX % to pay on capital gains

Unread postby minichaser » Thu Jan 09, 2014 8:02 am

For most individuals, the 2013 federal income tax rates on long-term capital gains and dividends are also the same as for 2012: either 0 percent or 15 percent. However, the ATRA raised the maximum rate for 2013 to 20 percent for singles with taxable income above $400,000, married joint-filing couples with income above $450,000, and heads of households with income above $425,000. Folks with 2013 taxable income below these levels will pay a 15 percent federal rate on long-term gains and dividends or 0 percent for gains and dividends that would otherwise fall within the 10 percent or 15 percent brackets.
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