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:.
Long-term Losses. If you lose money on a long-term stock, you can use the loss to offset long-term gains. For example, if you made $5,000 on long-term stocks, but lost $2,000 on some other long-term stocks, you would pay taxes only on your net $3,000 gain.