capital gains tax for 2003 year

Discussion in 'US Taxes' started by sligo, Aug 8, 2003.

  1. sligo

    sligo Guest

    What are the short and long term cap gains tax for 2003?
    Thank you,
    Seamus J. Wilson
     
    sligo, Aug 8, 2003
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  2. sligo

    Jason D.

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    Capital gain rates are contingent upon the taxpayer's ordinary income tax rate.
     
    Jason D., Feb 23, 2011
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  3. sligo

    sjaljalkfls

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    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%.
     
    sjaljalkfls, Mar 25, 2011
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