Question by Steven : What is the tax rate for short-term stock gains when your tax bracket changes Significantly during the year ?
For example if someone were in the 28% federal income tax rate for Jan-July, which laid off in July, federal and sold the stock at a gain while unemployed in July, and then what re-employed at a job with a 15% tax income rate in August, what would be the approximate% to put away from the selling of the stock to save for taxes next year? Best answer:
Answer by vt
The tax rate will depend on your total income for the year.Plan on 25% to be safe.
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