TaxesFederal Taxes |
Are the tax rates the same for capital gains as they are for individuals? |
No, the tax rates that apply to capital gains are lower than the tax rates that apply to other income. The maximum rate for some capital gains is 15%. For lower-income individuals, the rate may be 0% on some or all of the capital gain. Special types of net capital gain can be taxed at 25% or 28%, depending on what they are, and whether there are any penalties involved.