There are changes in store for capital gains and dividends in 2013 that taxpayers need to be aware of. Capital gains will be taxed at higher rates in 2013, and all dividends will be subject to the ordinary income tax rates. Also in 2013, capital gain income will be subject to a Medicare tax of 3.8%. Talk to your tax professional today to discuss if you should realize capital gains at current lower tax rates.
Posted by/Angela K. Brown, CPA, CFE
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