Food / Top-Rated Recipes / 12 Best Cupcake Recipes. When making a cupcake, you don't want just any old cupcake recipe; you want the best cupcake recipe. We pulled together our best, top-rated cupcakes that are favorites of both our Editors and users alike.
Time is the most important factor If you owned the investment (or property) for less than one year, your profits are taxed as ordinary income. If you held on for more than a year, you'll pay the lower capital gains rates. As of 2014, the long-term capital gains tax rate for the 10% and 15% tax brackets is 0%.In other words, if your ordinary taxable income is less than $36,900 ($73,800 for married couples filing jointly), you'll pay absolutely no tax if you sell long-term stock holdings for a profit.f you held on for more than a year, you'll pay the lower capital gains rates. As of 2014, the long-term capital gains tax rate for the 10% and 15% tax brackets is 0%.
To qualify, you must own the home, and have made it your primary residence for at least two of the five years before the sale. IRS Publication 523 details all the special cases and exceptions for the capital gains exclusion. Tax and Points. If you itemize deductions, you normally can claim a write-off for your property taxes. When you sell, you can take a partial deduction even if the seller pays the tax for the year. For example, suppose you sell 90 days into the year, before you pay your property tax bill. You still can claim roughly a quarter of the property tax as a write-off.