Log in

View Full Version : 5%/15% capital gains


polkeddot
Mar 11, 2008, 12:15 PM
Head of household has 52,000 of taxable income in 2007 before the following capital gains and losses
28% ltcg 4300
28% ltcl (2000)
5%/15% ltcg 18000
5%/15% ltcl (6000)
Stcl (1700)
What is taxable income and tax on taxable income
:eek:

morgaine300
Mar 13, 2008, 01:04 PM
You might be better off posting this on the tax forum.

Also, if this is homework, please read the red announcement at the top of the page.