Long-term Capital Gains Tax Rates
I would like to know what the curent long-term capital rates are.
I believe, but am not certain, that the three rates for long-term cap
gains are:
10%
20%
28%
Can someone please let me know at what income points these rates
kick in?
If you are talking about ordinary stocks and bonds, publicly traded,
then you are taxed at 10% until you reach the upper limit of the
15% tax bracket, and at 20% above that.
Your other question about where the tax bracket breaks occur has
been answered -- see the 1999 or 2000 Form 1040ES at www.irs.gov