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Sunday, January 14, 2007

How much do you get taxed if you earn money from the stock market? -

how much do you get taxed if you earn money from the stock market________Depends on how long you held the stock for. If less than 12 months, it will be short term capital gains, which could be as high as 35%. Long term capital gains, which is a stock held for more than 12 months after it was bought, taxed at 15%. I m not an investment broker, but a fellow investor.________Mainly it depends on how long you hold a stock and your tax bracket. If you hold it for one year or less you re taxed at your ordinary income tax rates up to 35% If you hold it more than one year you re taxed at 5% if you re in the 10% and 15% tax brackets If you hold it more than one year you re taxed at 15% if you re in the 25%, 28%, 33%, and 35% tax brackets________depends on the type of investment they all have different tax laws... some 15%..some based on your tax bracket some based on interest alone or capital gains alone or both some state some federal or both

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