Tax on liquidating dividend delight dating service

01-Nov-2019 11:23

The new 15 percent tax bracket kicks in and applies to incomes above the 0-percent thresholds up to 5,800 for single filers, 2,400 for head of household filers, and 9,000 for married filers of joint returns in 2018.

These long term rates remain the same in 2019, but the income thresholds for each have changed to keep pace with inflation.

Dividends that qualify for the lower long-term capital gains tax rates are referred to as qualified dividends.

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Dividends can be taxed either at ordinary income tax rates or at the preferred long-term capital gains tax rates.

Paychex's Tom Hammond discusses common payroll considerations for CPA firms.

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