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.

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 ...

Navigating capital gains tax can be complex, but knowing the applicable tax rates and thresholds can help you plan your ...

Now that 2024 has come to a close, investors are starting to think about 2025’s investments. However, to get a clear picture of how your investment strategy might play out, you need to know the ...

“We will tax capital gains at a rate that rewards investment in America’s innovators, founders, and small businesses,” she said. “So here’s the detail: If you earn a million dollars a year or more, ...

Capital gains tax on commercial property can vary depending on factors like the length of ownership and the taxpayer’s income level. When a commercial property is sold at a profit, the difference ...

Capital gains taxes can eat into the profits you make from selling investments, sometimes leaving you with less money than you might have expected. But one state has changed its tax policy to help its ...

President-elect Donald Trump's victory means higher individual taxes, including levies on investments, are less likely for top earners, experts say. Vice President Kamala Harris proposed higher ...

In recent years, more people across the United States are triggering capital gains taxes when they sell their primary homes. This is happening even though the federal government offers a tax break: a ...

Why it matters for you, even if you’re not ultra-rich Kansas City Star / Getty Images Missouri removed its capital gains tax, meaning residents won't have to pay state taxes on profits when selling ...

This story has been updated to include details about Minnesota’s new surtax on capital gains and to include that while Washington has a capital gains tax it does not have an income tax. The headline ...

Facing a projected budget deficit of $12 to $16 billion, Governor Bob Ferguson signed several bills into law this week which will significantly increase taxes in Washington State. An overview of the ...