Sponsored for you by: David E. Gardner, CPA
Welcome to investor nirvana (for some)
Zero tax on long-term capital gain and dividend income
Beginning this year, 2008, and continuing through at least 2010, a zero tax rate applies to most long-term capital gain and dividend income that would otherwise be taxed at the regular 15% rate and/or the regular 10% rate (last year, a 5% rate applied to such income). Is this true investor nirvana? The answer is "yes," not only for lower-bracket individuals but also, surprisingly, for some whose top dollars are taxed well in excess of 15%.
For more information about this 0% tax rate please contact our office we would be happy to tell you how it could impact you.
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David E. Gardner, CPA
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