BlindBoo
Diamond Member
- Sep 28, 2010
- 56,638
- 16,610
Interest income is subject to regular taxation.
Capital gains are taxed only when they are realized.
IF they are realized.
Now let's see how the comprehension-challenged cope with that "r" word.
Short term capital gains are taxed at the regular rate. Long term capital gains are taxed at a lower rate.