Replies to post #10821 on 141 Capital Inc (fka ONCP)

[PayDirt!]

Not sure about Ma. But the Fed charges 28%, unless it changes this year. 15% long term ( capitol gains held over a year )

[EBI]

The way I understand it is that short term gains (less than 1 year) are taxed at your regular tax rate. Long term gains (over 1 year) are taxed at 15% for most tax brackets.