AAII Tax Guide Delayed

Our 2010 tax guide has been delayed while we wait for Congress to act.


As you may know, Congress adjourned its fall session without making a decision about whether to extend all or some of the Bush tax cuts. This left several of next year’s tax rates in doubt.


Among the rates in question are dividend and capital gains taxes. The top rate on qualified dividends is currently 15%, but dividends could be taxed at ordinary income rates next year if nothing is done. (The top nominal rate is 39.6%.) Long-term capital gains have a current top rate of 15%, but could reset to 20%.

...To continue reading this article you must be registered with AAII.

Gain exclusive access to this article and all of the member benefits and investment education AAII offers.
JOIN TODAY for just $29.
Register for FREE
to read this article and receive access to future AAII.com articles.

Log in
Already registered with AAII? Login to read the rest of this article.
  


Discussion

No comments have been added yet. Add your thoughts to the discussion!

You need to log in as a registered AAII user before commenting.
Create an account

Log In