An example of a flight data recorder; the underwater locator beacon is the small cylinder on the far right. (Translation of warning message in French: FLIGHT RECORDER DO NOT OPEN) The warning appears in English on the other side.
1 Long-term gains are treated much better. 2  Long-term gains are taxed at 15% or 20% except for taxpayers in the 10% or 15%t bracket. 3  For low-bracket taxpayers, the long-term capital gains rate is 0%. 4  There are exceptions, of course, since this is tax law:.
Capital gains are generally included in taxable income, but in most cases are taxed at a lower rate. Most long-term capital gains (capital gains from assets held for more than a year) face a top federal rate of 23.8 percent (including the 3.8 percent tax on net investment income) compared to a 43.4 percent rate for ordinary income. Short-term capital gains are taxed at the same rate as ordinary income.