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M
msarbacker85
February 18, 2020
Question

Tax Year Prior to 2020: What is the tax rate % on capital gain distributions

  • February 18, 2020
  • 1 reply
  • 0 views
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1 reply

W
WillK
Employee
February 18, 2020

Per the IRS, the capital gain tax rates are 0%, 15%, or 20% for most assets held for a year. For assets held less than a year, the capital gains tax rates correspond to the individual tax rates of 10%, 12%, 22%, 24%, 32%, 35%, or 37%).

 

To read more about capital gain tax rates for long term capital gains versus short term capital gains click here:  https://www.irs.gov/taxtopics/tc409

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