Back to Budgeting and Taxes
Reply
Thursday, August 23, 2012 - 9:24 AM

Last Chance To Pay 0% Tax Rate On Gains

From SmartMoney:  Many taxpayers effectively pay zero taxes on long-term gains and dividends, a break set to expire this year.
The 0% rate applies only to long-term capital gains and qualified dividends that would otherwise fall within the 10% or 15% federal income tax brackets (the bottom two brackets). The little-known truth is you can be doing pretty well and still be within those brackets.
 
3
pearlbrownpearlbrown1,036 posts since
Nov 2, 2010
Rep Points: 3,992
Reply
Nationwide Savings Accounts
Featured Accounts
CIT Bank
3-year Term IRA CD
1.21% APY

CIT Bank
* All banks listed are a Member FDIC.