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COINS AND paying TAXES pls help..
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<p>[QUOTE="wesleyscott, post: 337279, member: 11968"]Why does everyone keep throwing out the 28% income tax and/or capital gains tax rates? Capital gains can be taxed at 5%, 15%, 25% or 28%. For 2008 there is even a 0 (yes zero) capital gains tax rate. It is kind of complicated, but it depends on a lot of factors, including when you bought the items, and how long you held them before you sold them. Seems to me that not many people know much about tax law, and maybe they should, as it can get quite expensive to pay someone to do it for you.[/QUOTE]</p><p><br /></p>
[QUOTE="wesleyscott, post: 337279, member: 11968"]Why does everyone keep throwing out the 28% income tax and/or capital gains tax rates? Capital gains can be taxed at 5%, 15%, 25% or 28%. For 2008 there is even a 0 (yes zero) capital gains tax rate. It is kind of complicated, but it depends on a lot of factors, including when you bought the items, and how long you held them before you sold them. Seems to me that not many people know much about tax law, and maybe they should, as it can get quite expensive to pay someone to do it for you.[/QUOTE]
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COINS AND paying TAXES pls help..
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