Capital Gains Rates
State Rate
5.80%
5.80%
Local Rate
0%
0%
Deduction
None
None
Combined Rate
28.5%
28.5%
Rates | Brackets | |
5.75% | > | $0 |
Rates | Brackets | |
5.75% | > | $0 |
Single | Couple |
$7,500 | $15,000 |
Single | Couple | Dependent |
n.a. | n.a. | n.a. |
The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent).
North Carolina has a flat income tax rate of 5.75% of federal taxable income through 2016; Beginning in 2017, that rate will decrease to 5.499%.
Investor's Guidebook to Fractional 1031 Replacement Properties
Download
Realized, 109 E 10th St, Austin, TX, 78701, United States
© 2018 Realized Holdings, LLC