For example, if a Married Filing Joint Taxpayer, whose taxable income is $300,000 and due entirely to all long term capital gain, "what would be their tax rate in 2013?
According to the new tax law in effect in 2013, "if a married couple is below the $450,000 threshold, they will continue to pay tax at the 15% rate for long term gains, or 15% on $300,000 which is $45,000.
For example, if a Married Filing Joint Taxpayer, whose taxable income is $480,000 and due entirely to all long term capital gain, "what would be their tax rate in 2013? Read More...
According to the new tax law in effect in 2013, "if a married couple is below the $450,000 threshold, they will continue to pay tax at the 15% rate for long term gains, or 15% on $300,000 which is $45,000.
For example, if a Married Filing Joint Taxpayer, whose taxable income is $480,000 and due entirely to all long term capital gain, "what would be their tax rate in 2013? Read More...
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