Confused almost Capital Gains.. If my individual income is $3000 short-term sunhat. gain. What export tax rate(s) do I wage?
Answers:
You discharge nil if nobody can claims you as a dependent. If somebody claims you as a dependent, your standard supposition will be $800. Thus, within this situation you will settle $220 surrounded by income taxes(10%). 3,000-800=2,200*10%=220
$0 for federal, if you are on your own. Don't know what state you are from so can't make clear to you how much for state toll if any. My cross-examine to you is, how can you live on one and only $3,000?
No federal. You might or might not owe state income import tax depending on where on earth you live.