if you do is it just like income tax?
less ? more ?
less ? more ?
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boro en harfa chei -
I assume you mean capital gains tax. You pay depending on how long you held the stock and your tax bracket I beleive. -
Uh, should probably ask an accountant since 99% of gfy can't afford to buy stocks!Comment
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Well you'd betterComment
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weren't you just busted for taking credit of other designers work? People have no shame these days, they get caught scamming and business as usual.Originally posted by p3rsian
if you do is it just like income tax?
less ? more ?
Comment
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In the US, short term capital gains are taxed as ordinary income (i.e. up to 35%, depending on your tax bracked, just like your salary would be taxed). As of 2003, long term capital gains are taxed at 15%, and most dividends are taxed at 15% (there are several factors with dividends). Capital gains are the profit you make when you sell a stock, short term gains are when you sell stocks within a year of purchasing them, and long term gains are for stocks you sell after more than a year of holding them.Comment
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5-15% percent for long term gains
(depending on your tax bracket)
short term gains are taxed at your normal tax rateCustom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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