Capital gains tax is a tax on profits from asset sales. Long-term capital gains tax rates are 0%, 15% or 20%. Short-term rates equal ordinary income tax rates.

Chief among them is the capital gains tax, which can apply when a home is sold for more than its original purchase price. When you sell your primary home for more than you originally paid, the ...

Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold stock, real estate, or other capital assets, knowing the correct long-term ...