Quote:
Originally posted by Soul_Rebel
what's the tax % of stock earnings in states?
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it depends on your tax bracket, but if you hold stocks for less than a year, capital gains is about 28-35%. Hold stocks for over 5 years its more like 8-10% (I think)
Also if you have a massive loss, you are only able to write off that loss up to 5 or 6k per year.