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| - quote - > Under the Bush tax cut, what year is there NO capital
The year in which you do not sell capital assets for a net> gains tax? gain. -- Frederick E. Jorden http://Tax-Accounting-Payroll.com 7825 Midlothian Tpk - 207 Richmond, VA 23235-5247 EMAIL knowtax[at]bigfoot.com (804) 320-6210 FAX (804) 320-6211 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| - quote - > Under the Bush tax cut, what year is there NO capital
Under current tax law, the capital gains rate of 5% for> gains tax? taxpayers in the 10% and 15% ordinary tax brackets will go to zero in 2008. The 15% CG tax rate remains the same. This also holds true for qualified dividends for those same taxpayers. In 2009, the whole shebang reverts back to the law as it existed in 2002. No qualified dividends and CG rates of 10% and 20%. -- Alan http://taxtopics.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Under the Bush tax cut, what year is there NO capital gains tax? -MIKE << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| capital, gains, tax |
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