10 tax changes for 2008

10. Taxes cut on capital gains

The 5-percent tax on certain dividends and capital gains has been lowered to zero. This applies to investors whose taxable income is less than:

  • $65,100 for married couples filing jointly and some widows and widowers
  • $32,550 for single people or married couples filing separately
  • $43,650 for heads of household

For more information, click here.

(istockphoto.com)
10. Taxes cut on capital gains The 5-percent tax on certain dividends and capital gains has been lowered to zero. This applies to investors whose taxable income is less than: $65,100 for married couples filing jointly and some widows and widowers $32,550 for single people or married couples filing separately $43,650 for heads of household For more information, click here .