Computing Effective Tax Rates on Capital Income Congressional Form

Instructions and help about Computing Effective Tax Rates On Capital Income Congressional

everybody welcome back to the financial freedom show my name is rob berger in this episode we're going to talk about long-term capital gains how they're taxed i've noticed a number of comments to past videos and folks get some things wrong for example recently i heard someone say that dividends have preferential tax treatment over long-term capital gains and that's just not true so here's what we're going to do we're going to cover eight things the first four are basically the mechanics of how capital gains tax works and we're talking at the federal level today not state of course state is different from state to state but how the federal long-term capital gain tax works how it interacts with ordinary income you know can capital gains for example push us into higher tax brackets with ordinary income we're going to talk about that we're also going to talk about how deductions affect all of this and then something really important called the bump zones so this is the first four things an