Long-Term Capital Gains
TaxesProfits from selling assets held more than one year, taxed at preferential rates of 0%, 15%, or 20% depending on income.
Example
Example: On a $75,000 salary, understanding long-term capital gains could save you hundreds or thousands at tax time. For instance, if you are in the 22% marginal bracket, knowing how long-term capital gains works helps you make smarter decisions about deductions, credits, and withholding. Check your tax picture with our income tax calculator.