Although the federal taxes rates for capital gains have been reduced and somewhat streamlined in recent years, rates still do vary on the type of investment gain (or loss) made. Also, the holding period for a particular investment before a sale remains a key factor in determining the capital gains tax rate that may apply. If you'd like to find out where your capital gains tax rate stands or may fit into your 2009 tax filing, one of the following Web sites might prove useful.
BANKRATE.COM
www.bankrate.com/brm/itax/news/taxguide/review-rates1.asp
Breakdown of the different capital gains tax rates and how they apply.
COMPETETAX
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www.completetax.com/taxguide/text/c60s10d459.asp
Offers capital gains tax guidelines for individuals and businesses.
INTERNAL REVENUE SERVICE
www.irs.gov/taxtopics/tc409.html
Covers capital gain and loss rates and topics related to taxable assets.
SMARTMONEY.COM
www.smartmoney.com/tax/capital/
Provides articles that spotlights several capital gains tax topics.
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TAX GUIDE ONLINE
www.taxguideonline.com/argy/pages/investors/index.php
Serves up a concise review of current capital gains and losses tax rates.
