July 2014

July 7, 2014

Capital Gains Rates and Investment Income for Sales of Second Homes

Beginning in 2013, under the American Taxpayer Relief Act, H.R.8, long-term capital gains rates have been tiered to income tax brackets. Individuals in the 10% and 15% income tax brackets will benefit from a zero long-term capital gains rate; individuals in the 25%, 28%, 33% […]