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The Error-Proof Portfolio: New Tax Rate For The Really Long-Term Capital Gains

Monday, October 8, 2012 - 8:46 AM
From Morningstar via Yahoo Finance:
The tax code in 2013 will feature three distinct holding-period bands for capital gains:one for investments held for less than a year, taxed at the short-term capital gains rate, which is the same as your ordinary income tax rateone for investments held between one and five years, taxed at either 10% or 20% starting in 2013, depending on your tax bracketone for investments held for more than five years, taxed at either 8% or 18%. 


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