Mikeoxenormous
Diamond Member
- Thread starter
- #21
Charles Schwab or Ameritrade, trades are 0 bucks for on line trading. Just remember though if you do day trading, that is earned income, so you will be taxed at the full rate. If you buy long term dividend paying stocks then once they qualify, your tax rate goes down on those earned dividends.how do you buy them do you need a broker or middle man ?
Open a Fidelity (or equivalent) account.
Trades are like 5 bucks.
Long-Term Capital Gain and Dividend Tax Brackets Under Prior Law
Ordinary Income Tax Rate | Long-Term Capital Gains and Qualified Di ... |
10% or 15% | 0% |
25%, 28%, 33%, or 35% | 15% |
39.6% | 20% |
Long-Term Gains and Dividends Tax - Brady Ware CPAs
www.bradyware.com/long-term-gains-and-dividends-tax/