2007-12-11 03:08:48 · 2 answers · asked by vuchivic 1 in Business & Finance ➔ Taxes ➔ United States
Not enough info to say. Much more information is needed.
Are you claimed as a dependent by your parents?
What is your marital and filing status?
Do you have any dependents yourself? If so, how many?
Do you have any other income? If so, what is its source?
What type of dividends are these -- ordinary dividends or qualified dividends?
Without answers to these questions it's not possible to say.
2007-12-11 03:27:24 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
I would say 15% cap gains rate, unless congress wants to steal more.
Of course all this will be moot when the FairTax Act H.R. 25 passes and replaces all income taxes with a single sales tax on new items. The FairTax now has the support of hundreds of thousands, 72 congressional sponsors / co-sponsors, and 7 presidential candidates, and over 70 economists. See www.fairtax.org So tell your congressman to pass H.R. 25
Fundamentals and facts http://www.fairtax.org/PDF/FairTax-Funda...
Frequently Asked Questions about the FairTax http://www.fairtax.org/fairtax/faqs.htm
2007-12-11 14:08:33 · answer #2 · answered by Anonymous · 0⤊ 1⤋