Long Term Capital Gains Tax Rate. An aspect of fiscal policy. The most common capital gains are realized from the sale of stocks, bonds, precious metals, real estate, and property.

Here they are for 2020.

Collectible long term capital gains rate. Calculate the capital gains tax on a sale of real estate property, equipment, stock, mutual fund, or bonds. Capital gains tax rules can be different for home sales. Requires only 7 inputs into a simple excel spreadsheet. Most states tax capital gains according to the same tax rates they use for regular income. While the capital gains tax rates remained the same as before under the tax cuts and jobs act of 2017, the income required to qualify for each bracket goes up each year to account for workers' increasing incomes. The capital gains rate varies depending on how long you've owned the asset you sold for a profit. Except on sale of equity shares/ units of equity oriented fund. Any profit or gain that arises from the sale of a 'capital asset' is a capital gain. How to reduce your taxes. The tax rates on capital gains and dividends depend on how long you hold an investment, your taxable income and filing status.