Estimate your Federal Capital Gains Tax. Compare Short Term vs. Long Term tax liability based on your income bracket.
Estimate your federal tax liability for Short Term vs. Long Term asset sales.
Total Capital Gain
$5.00K
Net Profit (After Tax)
$4.25K
Estimated Tax
After undefined Years
$750.00
Effective Tax Rate
15.0%
Return on Investment
42.5%
The US tax code rewards long-term investors. The tax rate you pay on asset profits depends heavily on how long you owned the asset.
Profits are taxed as Ordinary Income. This means they are added to your wages and taxed at your marginal tax bracket (which can be as high as 37%).
Profits enjoy preferential tax rates: 0%, 15%, or 20%, depending on your taxable income. This is significantly lower than ordinary income rates for most investors.
High earners (Modified Adjusted Gross Income over $200k for single, $250k for married) may owe an additional 3.8% surcharge on top of capital gains tax.
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