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For assets held for more than a year, the long-term capital gains tax rate for tax year 2024 ranges from 0% to 28%, depending on your filing status, income and asset type, and few people qualify ...
Cryptocurrency Capital Gains Tax Table 2025. Tax rate. Single. Married filing jointly. 0%. $0 to $48,350 ... Long-term capital gains tax rates range from 0% to 20% and are applied for assets held ...
In 2025, it will increase to $15,000 and $30,000, respectively. ... The top tax rate (37%) goes toward earned income, but stock market investments qualify for long-term capital gains tax rates ...
From 1998 through 2017, tax law keyed the tax rate for long-term capital gains to the taxpayer's tax bracket for ordinary income, and set forth a lower rate for the capital gains. (Short-term capital gains have been taxed at the same rate as ordinary income for this entire period.) [ 16 ] This approach was dropped by the Tax Cuts and Jobs Act ...
In the 1978 Revenue Act—signed by Carter on November 6, 1978—the effective maximum capital gains tax was reduced from 49 percent to 28 percent through an increase in the long-term capital ...
For the highest earners — those with taxable income above $1 million and investment income above $400,000 — the long-term capital gains tax rate could reach 44.6% with a combination of ...
The current long-term capital gains tax rate – 20%, plus an additional 3.8% tax on higher earners – is paid when an investment is sold, or gains are realized.
Harris has proposed a long-term capital gains tax rate of 28% for those earning $1 million or more, which contrasts with Biden's 39.6% rate suggested in his fiscal 2025 budget.