The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: gift of stock Date:  2/6/2000  4:31 PM
Author:  timm Number:  27483 of 127753

But if you are making less than 25k per year and are single - you too will be in the lower 15% bracket and the gain would be taxed at the same rate for you.

Except that selling the stock would put him above the $25K/yr. and put him the the 20% LTCG rate.

It might put his mother in that bracket as well, assuming that you intended to sell the whole $10K worth of stock in one year.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us