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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (2794)	2/13/2015 11:19:39 AM
From: Kirk ©	1 Recommendation Recommended By w0z Read Replies (1) \| Respond to of 26769

Thanks for the link. I've meant to update my own site with that data for capital gains taxes so I can find it easily for quick reference. 2015 US Federal Income Tax Brackets & Federal Marginal Tax Rates for 2015 Unfortunately, CA is so broke with money owed for pensions and all this new health care spending from da prez... that they tax capital gains as regular income and even the lower rungs pay... Don't forget too that unless you are a flaming liberal who wants to start taking as soon as possible before it all vanishes, many of us from saving and good investing can afford to wait to maximize our SS payments. If I die too soon, I really don't care if the charities and family I leave my $ to get top dollar since they didn't earn it... it would be a gift. Thus, our duty is to ourselves to maximize or return should we need our portfolios to live to 120 which is the new 90...

To: w0z who wrote (2794)	2/13/2015 12:05:18 PM
From: Kirk ©	Read Replies (2) \| Respond to of 26769

I just updated my article and I believe that one on Bankrate.com is years out of date! Here is mine: Feb 13 US Federal Capital Gains Tax Brackets and Rates for 2015 Your link shows $400,000 but I believe that is higher now. From US Federal Income Tax Rates & Brackets for 2015 the top rate of 39.6% is now on taxable income over $413,200. Besides earning money from people clicking ads on my site, (Google shareholders?) I like to write these pages as it helps me check the rules each year and keep the numbers and ranges in mind. You want a nightmare headache? You should see how hard it is to explain these rules and why she should put money into her ROTH and pay a small tax NOW on the income she made rather than pay nothing by moving savings into a regular IRA for the tiny deduction to a girlfriend who speaks 4 languages but English is #4! We go through it every year....