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bought stocks in 2007?
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Quality_is_job_one
Dec 22, 2007, 5:34:50 PM12/22/07
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For 2007, the maximum long-term capital gains rate is 15 percent for
taxpayers in the 25 percent or higher tax bracket. The tax will be
only 5 percent if you are in a lower bracket. In 2008, taxpayers in
the 15 percent federal bracket or below will pay no capital gains
taxes.
taxpayers in the 25 percent or higher tax bracket. The tax will be
only 5 percent if you are in a lower bracket. In 2008, taxpayers in
the 15 percent federal bracket or below will pay no capital gains
taxes.
Quality_is_job_one
Dec 22, 2007, 5:57:35 PM12/22/07
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A better explanation of capital gain tax levies for 2007 and onward:
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