capital gains tax for 2003 year


S

sligo

What are the short and long term cap gains tax for 2003?
Thank you,
Seamus J. Wilson
 
Joined
Feb 23, 2011
Messages
3
Reaction score
0
Capital gain rates are contingent upon the taxpayer's ordinary income tax rate.
 
Joined
Mar 25, 2011
Messages
9
Reaction score
0
I second the aboved answer.
The tax rates that apply to net capital gain are generally lower than the tax rates that apply to other income. For 2010, the maximum capital gains rate for most people is 15%. For lower-income individuals, the rate may be 0% on some or all of the net capital gain. Special types of net capital gain can be taxed at 25% or 28%.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top