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Monday, January 21, 2013

2013 Long Term Capital Gains and Dividends

In 2013 tax rates on cpaital gains and dividends for taxpayers whose income is at or below $400,000 ($450,000 for married, filing jointly) remain the same as 2012. Therefore, for taxpayers in the 10% and 15% brackets, the rate remains 0%. For taxpayers in the mid-range brackets, the rate is 15%. For those above the above thresh-hold, the rate of both capital gains and dividends is increased from 15% in 2012 to 20% in 2013.

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