Re:How much should I think of saving every month as a 29 yea...
by mgkimsal on Thursday April 25, 2019 @11:23PM
(#19754588)
mentioned before but i looked this up. at least for the time being, qualified dividends are taxed as long term capital gains.
if your AGI is under $39k (or $78k married couple?), there's 0% tax on long term capital gains (gains from equities sales or qualified dividends). At least at a federal level, there likely wouldn't be any tax due on that $24k pull.
if your AGI is under $39k (or $78k married couple?), there's 0% tax on long term capital gains (gains from equities sales or qualified dividends). At least at a federal level, there likely wouldn't be any tax due on that $24k pull.