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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: Re: Trader tax bracket Date: 7/9/1999 4:03 PM
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I am not sure what you are asking, but if you get the capital gains tax form and work your senarios through it you will see that long term capital gains are calculated and then reduced in value (if income limitations are met). A portion of the long term gain is then added to your income before your normal income tax rate is applied.

Regardless of your income level (unless you exceed the maximums) you will pay taxes at your regular rate on short term gains and reduced rates on your long term gains.

If all your income comes from investments you will probably be required to make quarterly payments of estimated taxes.
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