Sentences with phrase «taxable at favorable rates»

For example, if you have other capital gains and losses from stock trading in the same year, you would include the mutual fund capital gain distribution in the overall calculation used to determine the net amount taxable at favorable rates.

Not exact matches

Unlike the federal government, where capital gains and dividends are taxed at more favorable rates, California hits all taxable income with the same high tax rates.

Of that $ 900, only $ 720 should be taxable at one of the more favorable rates.

Essentially, you are trading your ordinary taxable income, which would be taxed at 25 %, 28 % etc. for capital gains income which will now be taxed at the favorable rate.

If you realize a profit on the sale of an asset in a taxable account, you'll owe tax on the gain at either favorable capital - gains rates (if you owned the asset for more than a year) or regular tax rates (if you owned it for less time).