What rate do I use?
US long-term gains on assets held over a year are usually taxed at 0%, 15% or 20%. Short-term gains are taxed like wages. Check with a tax professional.
Tax on what you sold.
Tax on the gain
$0.00Example: A $5,000 gain at 15% is $750 of tax.
The gain on a sale and the tax on it at your rate.
US long-term gains on assets held over a year are usually taxed at 0%, 15% or 20%. Short-term gains are taxed like wages. Check with a tax professional.