The 8% portion of the 8%/10%/20% gain is qualified five-year gain. Qualified five-year gain is long-term capital gain (other than 28% gain or 25% gain) from the sale or other disposition of property held more than five years. Qualified five-year gain is taxed at 8 percent to the extent that the gain would otherwise be taxed at 10 percent. Consequently, if taxable income before taxing the 8%/10%/20% gain puts the taxpayer out of the 15 percent bracket, there will be no long-term capital gain taxed at either 8 or 10 percent. Instead, all of the 8%/10%/20% gain will be taxed at 20%.



what the **** does that mean? it sounds like something out of All your base are belong to us

 

i dunno, blue?



mike

 

WE GET SIGNAL!

WHAT YOU SAY?

MAIN SCREEN TURN ON!

HELLO GENTLEMEN!

 

seriously... they left out "a" several times... it sounds like a chinese guy who doesn't speak very good english

 

LMFAO, I just almost pissed in my pants when I read that!!!

 

8% part of 8%/10%/20% profit is five per-annum rate benefits which are decorated. Five per-annum rate benefits which are decorated are the long-term capital sale profit from sale (other than 28% profit or 25% profit) or 5 years or more you kept the other tendency of quality. If the profit with other things imposes a tax at 10 percent, with five per-annum rate benefits which are decorated impose a tax at 8 percent. Therefore the taxpayer is put in place from 15 percent bracket, before imposing a tax to 8%/10%/20% profit, assessable income, there is no long-term important profit which imposes a tax at 8 or 10 percent. However, everything of 8%/10%/20% profit imposes a tax with 20%.





Is that better???



HTH



J

 

the 8% increase in money of the possible 8/10/20% increase is called qualified 5 year gain. QFG is considered a long-term capital gain from the point of sale or having something for more than 5 years excluding 28% or 25% gain. QFG is taxed at 8% unless if you are having something for more than 5 years and the gain is a lot hence taxed at 10%. If you make taxable income and that income excludes you from teh 15% bracket, your QFG or long term gain will not be taxed at either 8% or 10%, it will be taxed at 20%



this is the translated version.... you can thank my gf...

 

the dave rule: the more complex a transaction the greater the chance that you are getting ripped off



mike

 

I think its written like that so no one knows exactly what it means...Taxes suck.