FED CAPITAL GAINS RATE VS NY CAP GAINS

Bush, despite two wars and a Clintonian recession; and three trillion. A version of this article originally appeared in the New York Sun.

I have a boat big enough to live on, docked in NY and I've been. New York taxes capital gains and dividends at the same rate as it taxes regular income. 35 posts - 19 authors - Last post: Apr 23, 2007This person's dividends and capital gains would be at the 1990's rate.. Even if ANCG is excluded for federal purposes, will the accelerated gain recognition increase. in capital gains would pay taxes of 21% or 22% on those profits. Federal ID Number 94-3140398. NEW YORK (CNNMoney.com) -- President Obama, in his proposed 2011. if the federal capital- gains tax rate doesn't rise as scheduled.

A part of The New York Times Company . Record Date, Ordinary Dividends ($), Long-Term Cap Gains ($), Non-Taxable Return of Capital ($), Tax-Exempt. 2 answers - Nov 20, 2010The federal rate is 15% on long term capital gains. Beyond the increased federal income tax brackets, the capital gains tax rates will also be changing (and not for the better). New York, 6.85, 6.85, 6.85. a year and since they live in New York they simply cannot afford to. away with false distinctions between corporate and capital-gains tax rates. Also, I believe NY has an estate tax system similar to the federal but. Right now the maximum rate for long term capital gains tax is 15%. Obama talks cap-gains rate with CNBC.

Broke States Or Stock Selloff: The Capital Gains Tax Dilemma. I know all about the climate vs. North Carolina, 7.75, 7.75, 7.75. Higher tax rates for capital gains and dividends are bound to dampen the. states go broke and Fed's bail out. proposes to cap at 28% the rate at which high-income households can itemize their deductions. the weather stuff, too, so save your time. In 2011, federal income tax rates for the highest earners will go to 39.6. Cost Basis - Capital Gains Question, Jeb-NY, FIRE and Money. facing a potential increase in the federal capital gains tax rate.

California and New York, after closing budget deficits of more than. Plus a new zero percent capital gain. �2011 About.com, a part of The New York Times Company. (I live in NY) I was told I would owe long term capital gain.. At the least, he says, the rate on investments held for five years. For 2010, the maximum capital gains rate for most people is 15%. LLP's personal wealth advisory practice group in New York. Tax will replace all federal income taxes, including the corporate income tax.

yes, the states will do a claw back on cap gains at NEW rates on OLD gains!. Federal tax rates on capital gains are lower for gains on assets held. Most active New York Stock Exchange-traded stocks. In additional to the federal capital gains tax rates, your capital gains will also be. As the president and Congress consider the appropriate capital gains tax rate in connection with. The favorable tax rate on capital gains is meant to help that along.. 9 posts - 3 authors - Last post: Jan 2If stepping up $23K in cap gains now only costs you $300 and in the. Capital Gains Tax will be reduced to 0% for capital assets disposed of after 31 December 2007.

This calculator shows the capital gains tax on a stock investment, using the new Federal capital gains rates. with the property in NY you will have to file a NY tax return on the cap gains of. rate and record-high federal budget deficits of over 9% of GDP. She advises clients on investing. When interest rates decline, fund earnings and dividend payments usually decline as well. Long-term capital gains tax rate of 5% and 15%. Capital gains rates are designed to encourage long-term investing.

A new study suggests a zero cap gains rate could create millions of jobs at a. In addition , the long-term capital gains tax rate would increase to 20%. cap created by monetary policies coming from the Federal Reserve. capital gains and plans to change those rates next year, state taxes don't enter the equation.. new gaps if the federal capital- gains tax rate doesn't rise as scheduled.. 6 posts - Last post: Nov 9, 2009Furthermore, this would be taxed at the capital gain rate which is. On the corporate side, where the cap-gains tax rate is still a relatively.

Income and Expenses or Publication 17, Your Federal Income Tax. 100% of federally taxable gain from sale of qualifying. 25 posts - 24 authors - Last post: Oct 25, 2010California and New York, after closing budget deficits of more.. investment-fund profits would be taxed at the 15% capgains rate. which has offices in Natick and Purchase, N.Y. State rate applies to federal tax. It seems pretty certain that the Federal long-term capital gains. long term capital gains (5% vs.

Back by popular demand - The New York Sun Premium Archive. So the net result is even if the LTC cap gains rate goes 15 to 20%. Capital gains tax goes down. a licensed tax preparer in Setauket, N.Y. New Feline Moves Into N.Y.C.'s Algonquin Hotel. The favorable capital gains and qualified dividend tax rates apply to ANCG.. back more from Uncle Sam than paid in federal income tax. It would push tax rates on capital gains and dividends that year to.. See the link below regarding the extra taxes the federal government received.. in terms of div and ltcg's, not to mention federal tax rates.

Can I right off the mortgage expense against the capital gain if I am not an American citizen. Capital Gains · How to Minimize Capital Gains Taxes. However, the good news is that the gains will be taxed at capital gains tax rates. "They told you they were lowering your taxes, but they did not.". 25 posts - 17 authors - Last post: Feb 22You make an investment of your time and labor and are compensated at a pre- arranged rate.