04-07-2014, 11:08 AM
(04-07-2014, 09:20 AM)DRILLINDK Wrote: Thank you! So just to clarify,
The long-term capital gains tax rate is 15% (0% for taxpayers in the 10% and 15% tax brackets, and 20% for taxpayers in the 39.6 bracket)?
The LTCG tax rate is 0% for those whose ordinary income tax rate is 15% and below. The LTCG tax rate is 20% for those whose ordinary income tax rate is 39.6%. For everyone else the LTCG tax rate is 15%.