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Asked by: Mana Zschammer
personal finance personal taxesWhat is the short term capital gains tax rate for 2019?
Subsequently, one may also ask, what is the capital gains tax rate for 2019?
In 2019 and 2020 the capital gains tax rates are either 0%, 15% or 20% for most assets held for more than a year. Capital gains tax rates on most assets held for less than a year correspond to ordinary income tax brackets (10%, 12%, 22%, 24%, 32%, 35% or 37%).
Similarly, you may ask, what is the short term capital gains tax rate for 2018?
Long-term gains are taxed at rates of 0%, 15%, or 20%, depending on your tax bracket, while short-term gains are taxed as ordinary income.
Today's Capital Gains Rates While the tax rates for individuals' ordinary income are 10%, 12%, 22%, 24%, 32%, 35%, and 37%, long-term capital gains rates are taxed at different, generally lower rates. The basic capital gains rates are 0%, 15%, and 20%, depending on your taxable income.