Finance Questions? Ask a Financial Expert for Answers ASAP
Hi I can help with thia
Are you asking this question regarding US Taxes?
It looks to me as if you are in the chat session here, but I haven't gotten anything back from you
So, I'll give the qualified (no pun intended) answer
Yes, if this is for US taxes, theses would be considered capital assets, and would qualify for capital gains treatment ... and ...
at your income level, you would be in the 15% bracket if file jointly, thereby making your capital gains tax rate for 2012, zero
I will give you a few minutes, but after that I'll move to the Question and Answer mode .... that may make things easier for you
We'll still be able to continue a dialogue, just not in real time
Thank you, XXXXX XXXXX sorry about the chat mode. I was unaware of that as an option. You answered my question.