Capital Gains for NRA [ 1 Answers ]. Hello, I thought that NRA were excluded from having to pay cap. Gains taxes. However when my brother closed a Fidelity account in 2008 they withheld 28% of the proceeds (even though there is a tax treaty that puts the tax on dividends at a max of 15%.) Capital Gains Tax Planning 2012/13 offers a complete analysis of the capital gains tax regime. Covering both personal and corporate capital gains tax, it deals with the numerous techniques tax professionals can use to reduce or defer tax. It shows how tax on imminent transactions, or gains which ... The tax rates shown in parentheses throughout the Capital Gains Estimator refer to the tax rate that would be imposed on the next dollar of income, or marginal tax rate. If you use data and rates from the Tax Planner , the Estimator window will first display the Tax Planner's estimate of your marginal rate.

Currently, the United States places a high tax burden on capital gains income. The current federal top marginal tax rate on long-term capital gains in the United States is 23.8 percent (20 percent top rate plus 3.8 percent tax on unearned income to fund the Affordable Care Act). Capital gains and original cost of home after it's been refinanced? Thank you. (1) purchase price $215,000, purchase costs $4,000, improvements pre-rental $2,000, improvements during rental $12,000 (2) FMV house $128,000, land $64,000 (3) depreciation taken $25,000 (4) sales price $212,000, credit to buyer at closing $7,000, selling expenses $24,000. Jan 24, 2012 · His investment income: Romney took in $21.7 million in long-term capital gains over the past two years. Of that, $12.9 million was in so-called carried interest. Of that, $12.9 million was in so ...