How is the marginal rate of tax calculated for someone who has no income but only capital gains?
Submitted by admin on September 6, 2010 – 11:54 pmNo Replies
A web user asks, For example, someone who owns shares which do not pay any dividends, who then sells the shares for a $20,000 capital gain. Would their marginal tax rate be based on their $0 ‘income’ or on the one-off capital gain?
Can you help them out? Post your advice!
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