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:.
For tax purposes, we group capital gains into short-term and long-term holding periods. The short-term holding period is one year or less. Short-term capital gains are taxed at ordinary income tax rates, which range from 10% to 39.6% for the year 2016. The long-term holding period is more than one year. Long-term capital gains are taxed at long-term capital gains rates, which are usually less than ordinary tax rates. The long-term capital gains tax rate is either zero percent, 15%, or 20%, depending on your marginal tax bracket. 0% applies to long-term gains and dividend income if a person is in the 10% and 15% tax brackets,