In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers three questions from readers on capital gains. Though most long-term capital gains are taxed at the 0%, 15% ...

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 ...