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:.
Short-term capital gains are taxed as ordinary income. This means any income you receive from investments held for less than a year must be included in your taxable income for the year. If you have $60,000 in taxable income from salary and $5,000 from short-term investments, your total taxable income is $65,000.