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Click ‘Get Form’ to open the 2008 CT-1040X in the editor.
Begin by entering your first name, middle initial, and last name in the designated fields. If filing jointly, include your spouse's information as well.
Fill in your Social Security Number and check the box if deceased. Provide your mailing address, including city, state, and ZIP code.
Select your filing status from the options provided: Single, Head of Household, Qualifying Widow(er), etc.
Complete Lines 1 through 24 by entering the necessary financial information as per your original return. Use our platform’s features to easily navigate between sections.
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(b) The Taxpayer Relief Act of 1997 provided that after January 1, 2006, the 20% rate on capital gains for people in all the upper brackets would drop to 18% on assets acquired on or after January 1, 2001.
What was the capital gains tax in 2008?
The maximum statutory rate on long-term gains was 28% starting 1991, 20% starting May 1997, 15% starting May 2003 and 20% starting in 2013. The 2008-9 maximum rate includes the effect of the 1% itemized deduction phaseout, computed as 15.35=15+.
What was the capital gains tax in 2012?
The maximum capital gains tax rate for individuals and corporations YearIndividual capital gains tax rateCorporate capital gains tax rate 1997 (after May 6)2003 (May 5) 20.0% 35.0% 2003 (after May 5)2012 15.0% 35.0% 20132017 20.0% 35.0% 2018-2023 20.0% 21.0%21 more rows
What is CT 34 SH?
Department of Taxation and Finance. New York S Corporation. Shareholders Information Schedule.
Is the long-term capital gains tax 15% or 20?
Long-term capital gains tax rates Capital GainsTax RateTaxable Income(Single)Taxable Income(Married Filing Separate) 0% Up to $48,350 Up to $48,350 15% $48,351 to $533,400 $43,351 to $300,000 20% Over $533,401 Over $300,000
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