if you made $500,000 in stock market, how much tax that you have to pay?

Qualified Dividends: 15% federal tax, plus your state income tax at your marginal rate.

Non-qualified dividends: your federal and state marginal tax rate.

Interest: your federal and state marginal tax rate.

Capital gains on securities held for one year or less: your federal and state marginal tax rate.

Capital gains on securities held for more than one year: 15% federal tax and state taxes at your marginal rate.

I hope this helps.

Gary

Dear Bebee: Either $75,000 or $175,000 depending on long you owned the stocks. Long term vs.shortg term.

Income reported on Sch D.

This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent

That would be a capital gain, and your tax will depend on many factors. Go to the irs website and look up the capital gain tax information: www.irs.gov