Im a resident of Texas if that meens anything...
2006-08-10 09:12:30 · 4 answers · asked by sobe50418 1 in Business & Finance ➔ Taxes ➔ United States
Same as your regular tax rate. You don't get any credits or lower tax rates for gains under 1 year.
2006-08-10 09:37:47 · answer #1 · answered by kako 6 · 0⤊ 0⤋
It is the same as your ordinary income tax rate. You don't get a break unless you keep the capital asset longer than 1 year.
2006-08-10 16:36:28 · answer #2 · answered by an_man 1 · 0⤊ 0⤋
Your question is not clear. If you held the stock for one year or more, the rate is 15%. If you held the stock for less than one year, the rate is your normal tax rate that you pay on regular income.
2006-08-10 22:11:15 · answer #3 · answered by united9198 7 · 0⤊ 0⤋
Why are you worried about money I make anyway? No, it doesn't "meen' anything college boy!! 33%, now get to bed before school starts.
2006-08-10 18:47:04 · answer #4 · answered by anitahooker_transvestite 2 · 0⤊ 0⤋