Mint Money Knowledge Center: Capital gains tax rates

Capital gains tax rates Short-term gains on assets held for less than one year are taxed at your regular income rate (ranging from 10 - 39.6%). However, not all long-term capital gains are taxed at the same rate. The category that your profit falls under will depend on your income tax bracket, the type of asset sold, and how long you have held the asset before you sold it.

Below are the long-term Capital Gains Tax Rates for 2015:
 

0% Rate

Those individuals who are fall under the 10% and 15% federal income tax brackets with net long-term capital gains from selling investment securities held for over a year-long period are eligible for the 0% rate.

This includes singles with a taxable income of up to $37,450; individuals who are married filing jointly with a taxable income of up to $74,900; head of households with a taxable income of up to $49,400; and married individuals filing separately with a taxable income of up to $36,900.
 

15% Rate

Those individuals who are in the 25% - 35% federal income tax brackets with net long-term capital gains from selling investment securities held for over a year-long period are eligible for the 15% rate.

This includes singles with a taxable income of up to $413,200; individuals who are married filing jointly with a taxable income of up to $464,850; head of households with a taxable income of up to $439,000; and married individuals filing separately with a taxable income of up to $232,425.
 

20% Rate

Singles who have a taxable income above $413,200 and joint-filing couples with a taxable income above $464,850 are subject to the 20% rate.

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