Welcome Guest. Register Now!  


For 2013 Tax Tips For Year 2013.


Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 02-06-2013, 09:20 PM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,356
Blog Entries: 3
What is the impact on the marginal tax rate on Long term gains and dividends in 2013?

If a taxpayer is in the 10% or 15% tax bracket this year, capital gains and dividend income are tax free until the taxable income is $72,500 for joint filers and $36,250 for single filers. At this point the taxpayer would be paying 15%on the capital gains and dividend income.

But, taxpayers who are in the 39.6% tax bracket would have to pay a 25% tax rate on the capital gains and dividend income.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What is the impact on the marginal tax rate due to the cutback in itemized deductions in 2013? TaxGuru For 2013 0 02-06-2013 09:13 PM
What is the impact on the Capital Gains Tax for as a result of the possible Tax Law Changes in 2013? TaxGuru Capital Gains 1 01-25-2013 02:33 AM
Long term capital gains rate for active trading LLC lukedog Limited Liability Company 1 09-22-2012 05:52 AM
S-corp loss offsetting long term cap gains Budlite Capital Gains 2 04-06-2011 12:39 AM
2008 Capital Gains & Qualified Dividends Tax Rate SurferDude Capital Gains 0 09-13-2008 02:16 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning