Right now, there are six assets tax brackets: 10%, 15%, 25%, 28%, 33%, and 35%. For 2010, these brackets administer to affiliated couples filing collective federal assets tax allotment in the afterward manner. As it stands now, there will be no 10% bracket for 2011, and the actual bracket ante will acknowledgment to their aboriginal 2001 levels: 15%, 28%, 31%, 36%, and 39.6%.

For 2010, if you advertise shares of banal that you’ve captivated for added than a year, any accretion is a abiding basic gain, about burdened at a best bulk of 15%. If you’re in the 10% or 15% bordering assets tax bracket, however, you’ll pay no federal tax on the abiding accretion (a 0% tax bulk applies). That agency if you’re a affiliated brace filing a collective federal assets tax return, and your taxable assets is $68,000 or less, you pay no federal tax on the gain.

However, these ante expire at the end of 2010. Beginning in 2011, a 20% bulk will about administer to abiding basic gains. Individuals in the 15% tax bracket (remember, there won’t be a 10% bracket in 2011) will pay the tax at a bulk of 10%. Appropriate rules (and hardly lower rates) will administer for condoning acreage captivated for bristles years or more. Finally, while condoning assets are burdened in 2010 application the aforementioned basic assets tax ante declared aloft (i.e., 15% and 0%), in 2011 they’ll be burdened as accustomed assets accountable to the added 2011 tax brackets.

There is currently no acreage tax for 2010 tax brackets, and appropriate rules are in abode that administer the way base is affected for acreage casual aloft death. The acreage tax reappears in 2011, however, with a $1 actor exclusion bulk (meaning that up to $1 actor of assets will be absolved from acreage tax) and a top tax bulk of 55%. To put that in context, for 2009, the top acreage tax bulk was 45%, and estates accustomed an exclusion of $3.5 million.


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