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Posted On: 01/07/2021 5:09:56 PM
Post# of 86967
Re: Civicbird76 #36935
For 2021 the (current) top capital gains tax rate is 20% + 3.8% = 23.8%.
This 23.8% top rate comes from the 20% rate for individuals with long-term capital gains over $445,850 (single filers) or $501,600 (married), as well as the 3.8% net investment income tax for individuals with modified adjusted gross income over $200,000.
The higher Biden capital gains tax rates are just proposals, at present.
This 23.8% top rate comes from the 20% rate for individuals with long-term capital gains over $445,850 (single filers) or $501,600 (married), as well as the 3.8% net investment income tax for individuals with modified adjusted gross income over $200,000.
The higher Biden capital gains tax rates are just proposals, at present.
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