Capital Gains Tax

Capital Gains Tax

Capital gains tax is applied to the profit made from selling stocks at a higher price than the purchase price. 빅데이터 관련주

This tax varies based on how long the stocks were held before being sold.

Short-term capital gains (on assets held for less than a year) are typically taxed at higher ordinary income tax rates, whereas long-term capital gains (on assets held for more than a year) are taxed at lower rates.

Dividend Taxes

Dividends received from stocks are subject to taxation.

The tax rate on dividends can depend on whether they are classified as qualified or non-qualified.

Qualified dividends are taxed at the lower long-term capital gains tax rates, while non-qualified dividends are taxed at higher ordinary income tax rates.