CPAdirectory

Tax Law Highlights - 2012

Lower Capital Gains - 2012

Lower Capital Gains and Dividend Tax Rates Extended Through 2012. The tax rate reductions for long-term capital gains remain in effect for 2011 and 2012. If tax bracket = 10% or 15% the Short Term CG taxed at ordinary rates Long Term CG and Qualifing Dividends tax rate = 0% If tax bracket = greater than 15% the Short Term CG taxed at ordinary rates Long Term CG and Qualifing Dividends tax rate = 15%

Note If you need professional help with "Tax Law Highlights - 2012" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.