Tuesday, May 28, 2013

Capital Gains Tax 2013

As you can see, rates vary a lot depending on income. Some investors with less than $72K (married) income pay no capital gains tax. Most investors with income in the $72-$223K range pay 15%.  Over that rates get higher, but in all cases capital gains tax rates are lower than marginal rates on ordinary income.
 
 

Source: IRS. Chart provided courtesy of Lord Abbett    www.lordabbett.com

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