The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Tax brackets Date:  12/19/1998  4:23 PM
Author:  retailguy Number:  7373 of 127519

I am currently in the 28% bracket but will return to school next year and my only income then will be from dividends and whatever capital gains I realize. I know that short term gains are taxed as ordinary income. If I realize a short term capital gain next year of $50K, does that amount count towards the calculation of my tax bracket? Or will I still be in the 15% bracket because I won't have any salaried income from a job. Thanks.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us