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What is the tax rate for short-term and long term gain in stocks in USA?


What is the short-term and long-term gain tax rate in the stock market in USA? Some say it depends on your income bracket but some say there is a tax rate for stocks. I don't know which one is correct. Thanks for helping.

538 day(s) ago

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ujonesla 		Long term gain-- tax is 0% or 15%.
Short term gain -- taxed as ordinary income.
Read http://taxipay.blogspot.com/2008/04/list-of-articles.html

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vinwubulldogs 		Short term is "ordinary" which means it's taxed like any other income--the more income you have, the higher the rate.

Long term is taxed at a better rate. Max of 15%.

If this isn't stock but a collectible, the max long term rate is 28%.

For non-residents who live in the USA for more than 183 days, the tax rate is 30%. For non-residents who do not meet the 183 day test, most stocks would be taxed at zero.

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BruinCPA 		rule of thumb that I use is it is usally about 10% more for short-term

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