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Author: grandmanjb One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121182  
Subject: What tax bracket am I in? Date: 4/12/2010 7:58 PM
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When figuring out which tax bracket you are in, do you use just the figures for pension and Social Security? Or do interest and dividends affect the rate also? I seem to be having a major senior moment tonight.

What I am really trying to do is figure out how badly my husband and I are going to be hurt by the change in how dividends are going to be taxed in 2011.

I might be better off selling some of the stocks that don't go anywhere but pay wonderful dividends. In 2011, the dividends will be taxed at 36 or 39.6% vs. the present 15%. We might be better off in the future selling growth stocks with only 20% of the gain going to taxes.

NancyB
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