Question:

How much tax do I have to pay on profit from stocks?

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I know there is capital gain tax but how much. I live in Oregon. I'm holding stocks for less than one year.

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  1. If you hold for less than 12 months, you'll pay the short-term capital gains rate, which will be the same as your current income tax rate (probably 15%, 25% or 28%, depending on your income bracket)  


  2. It's whatever your regular tax is.  Look at 1040ES at irs.gov to estimate your tax bracket.

  3. One year or less is short term, so your tax would be whatever your tax bracket is.  If you hold them for at least a year and a day, it's long term, with federal tax of 5% or 15%.

  4. Federal: 15% if your regular income is taxed at 25% or more; Much less, maybe none, if your regular income is taxed at 15% or less.

    Oregon state tax: I do not know.

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