What Percentage of Capital Gain Do You Have to Pay in Taxes on Land?

Answer Capital gains tax is a special type of tax levied on money that you make by investing money for gain. It is different from income tax in that income tax is levied on income that you earn by working... Read More »

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Do capital gain taxes get cut from 401(k) stocks?

No, there will be no cuts on any capital gains tax rates until at least 2017 or later. Current capital gains tax rates on 401(k)s will remain where they are only until 2011, when they're scheduled... Read More »

How to Reduce Capital Gains Taxes on Farm Land?

Capital gains tax is levied on the sale of property employed in a productive use as an investment or for business purposes. Farm land is typically used for business purposes and as such, will be su... Read More »

What is the capital gain tax rate for nyc?

Do you pay capital gain tax on stocks in loss?

You would NOT have a capital gain tax to pay when you have a loss on the sale of stock.You WILL HAVE to report the transaction on the schedule D of the 1040 tax form and up to 3000 of loss for the ... Read More »