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Are capital gains taxed in 2021?

Since the 2021 tax brackets have changed compared with 2020, it's possible the rate you'll pay on short-term gains also changed. Long-term capital gains taxes are assessed if you sell investments at a profit after owning them for more than a year. Long-term capital gains are taxed at either 0%, 15%, or 20% depending on your tax bracket.

What is the capital gains tax rate for 2023?

For taxable years beginning in 2023, the tax rate on most net capital gain is no higher than 15% for most individuals. A capital gains rate of 0% applies if your taxable income is less than or equal to: $59,750 for head of household. A capital gains rate of 15% applies if your taxable income is:

What are the tax rates on capital gains & dividends?

The tax rates on capital gains and dividends depend on how long you hold an investment, your taxable income and filing status. Photo: Tammy Lian Long-term capital gains are net profits on investments held longer than a year. There are three tax rates—0%, 15% and 20%—and they apply at different taxable income levels depending on your filing status.

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