Google Answers: Foreign Income

View Question

Q: Foreign Income ( No Answer, 1 Comment )

Question

Subject: Foreign Income
Category: Business and Money > Finance
Asked by: xinguugnix-ga
List Price: $10.00

Posted: 25 Sep 2005 08:39 PDT
Expires: 25 Oct 2005 08:39 PDT
Question ID: 572372

I have a bank and brokerage account in Brazil
I reccive interest income.
I receive dividend income.
I have capital gains income.
What is the tax rate for each type of income?

Answer

There is no answer at this time.

Comments

Subject: Re: Foreign Income
From: financeeco-ga on 26 Sep 2005 13:16 PDT

Assuming you live in the US and are subject to the "typical" IRS
rules, your interest and dividend income would be taxed at your
personal income tax rate. Your capital gains would be taxed at the cap
gains rate (LT or ST as appropriate)

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.

Search Google Answers for

Google Home - Answers FAQ - Terms of Service - Privacy Policy