[quote="kimjone"]Hi
Capital gains taxes come whenever you sell an asset for a profit. For 2015 and 2016, the capital gains tax rate is 15% for people who fall into the 25%, 33% and 35% income tax brackets. People in the 39.6% tax bracket pay 20%. That could be a pretty significant hit if you are ...
Search found 2 matches
- Fri Oct 13, 2017 1:42 am
- Forum: Canada / United States Tax & Accounting
- Topic: Rental house and US capital gains
- Replies: 11
- Views: 8021
- Thu Oct 12, 2017 3:48 am
- Forum: Canada / United States Tax & Accounting
- Topic: Rental house and US capital gains
- Replies: 11
- Views: 8021
Hi
Capital gains taxes come whenever you sell an asset for a profit. For 2015 and 2016, the capital gains tax rate is 15% for people who fall into the 25%, 33% and 35% income tax brackets. People in the 39.6% tax bracket pay 20%. That could be a pretty significant hit if you are realizing a decent ...
Capital gains taxes come whenever you sell an asset for a profit. For 2015 and 2016, the capital gains tax rate is 15% for people who fall into the 25%, 33% and 35% income tax brackets. People in the 39.6% tax bracket pay 20%. That could be a pretty significant hit if you are realizing a decent ...