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December 31, 2022
Question

Capital Gain tax rate Calculator

  • December 31, 2022
  • 1 reply
  • 0 views

Both Long term and ST capital gain taxes are on sliding scale. I looked up threshold for brackets. Top rate is 37% but your tax amount will be different due to lower rate for lower brackets.

 

Q. Is there a Calculator where one can enter purchase and sale prices to find out tax owed and hence your tax rate?

    1 reply

    December 31, 2022

    @sam992116 - not following why it would be necessary to go to that level of detail.  Just summing up your long term gains/ losses and short term gains/ losses is good enough,

     

    two calculators (although I like the 2nd one better)

     

    https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

    https://www.dinkytown.net/java/1040-tax-calculator.html