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Stock Feb 2013 - "Stock Market: Tax Deal on Dividends Good News for Most"

Stock Feb 2013 - "Stock Market: Tax Deal on Dividends Good News for Most"

Stock Feb 2013 - "Stock Market: Tax Deal on Dividends Good News for Most"

Excerpt


Stock Market: Life Post-Fiscal Cliff



The final compromises in Washington kept the dividend tax rate at 15 percent for most small investors, and raised tax rates to 20 percent for those making taxable income in excess of $400,000 (single) or $450,000 (married). The 20 percent bracket will also have a Medicare 3.8 percent surcharge bringing the top rate total to 23.8 percent.


 


 


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