What is capital gains tax in 2010?

How likely will the lower long-term capital gains tax rate be extended beyond 2010?

  • The current reduced 15% long-term capital gains tax rate is set to expire at the end of 2010.  Is there a push to extend the deadline?

  • Answer:

    Unity probability (i.e. it happened).

Erik Fair at Quora Visit the source

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Actually, Capital gains and qualified dividends remain at 0% and 15% through December 31, 2012.   How likely is it that this will be extended? If President Obama has enough influence, he would like to eliminate capital gains taxes entirely.

Eva Rosenberg

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