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Learn how capital gains are taxed in the US based on the investor's tax bracket, the holding period, and the type of asset. Find the current tax rates, exemptions, and exceptions for 2022 and previous years.
Learn about the federal and state income tax systems in the U.S., including sources of law, basic concepts, rates, deductions, and credits. Find out how income is defined, taxed, and reported for individuals, corporations, and other entities.
Financial years 2018–19, 2019–20 [1] Taxable income Tax on this income Effective tax rate ... The 2007 tax rates schedule [12] for married filing jointly is:
Compare the main types of taxes (corporate, income, sales, capital gains, inheritance) across different countries and territories. See the lowest and highest marginal rates, as well as the sources and further reading for each entry.
The Tax Cuts and Jobs Act (TCJA) is a 2017 U.S. tax reform law that reduced rates for businesses and individuals, increased standard deduction and family tax credits, and limited some deductions. The law was enacted by the 115th Congress and signed by President Trump, and most of its changes went into effect in 2018.
Learn about the federal and state corporate tax rates, rules, and exemptions in the US. The federal corporate tax rate is a flat 21% since 2018, while state rates range from 1% to 12%.
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