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There is a payroll tax exemption available to employers who hire unemployed invididuals. See our "news" tab on the new HIRE Act of 2010 or call our office for more information.

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Long-Term Capital Gains and Divideds

Posted on September 7, 2010 at 8:35 am

For 2009, the maximum tax rate on long-term capital gains  and qualified dividend income remains at 15%.  For taxpayers in the 10% or 15% tax brackets, the rate is ZERO. 

Net capital LOSSES are fully deductible against capital gains.  If your capital losses exceed your capital gains, you can deduct up to $3,000 in net capital losses against ordinary income.

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