US Capital Gains Tax – Short Term And Long Term Tax Rate for All States

US Capital Gains Tax – Short Term And Long Term Tax Rate for All States can be checked from this page now. At the time of a capital asset, there is generally an occurrence of either profit or loss. The concerned department levies a tax on such an income in the United States. We shall discuss more about US Capital Gains Tax and everything related to it in the further parts.

US Capital Gains Tax

The Internal Revenue Service manages all the taxes in the country. Most of the capital assets are taxable by the officials. However, there are some assets that are treated as exceptions. The US Capital Gains Tax has to be paid by citizens who have reliable financial assets. The authorities need to take the required data to understand the overall investments made by a person in the current financial year.

Individuals selling assets like jewelry, stocks, digital money, coin collection, bonds, and real estate. The amount of profit on the sale shall be considered as the base for calculating the tax and not the asset’s value.

Also Check:

Short-Term Tax Rate for All States

The sale of an asset before twelve months contributes to short-term capital gains. These gains shall be taxed as per the short-term tax rates. The profit incurred is treated similarly to regular salary and is taxed at a higher rate.US Capital Gains Tax

At the time of filing returns, these gains are added as a part of the regular income. There are different tax brackets specified depending on the level of income of various individuals. All the States are governed by the same tax rates as per the IRS.

Long-Term Tax Rate for All States

When a person sells an asset after having the ownership for more than twelve months, long-term tax shall be charged on the revenue. These rates are different for people with varying levels of income. You can view the details in the sections shared here.



Head of Family

Jointly Filing

Filing singly (Married)

0 %

Less than $ 44625

Less than $ 59750

Less than $ 89250

Less than $ 44625

15 %

From $ 44626 to $ 492300

From $ 59751 to $ 523050

From $ 89251 to $ 553850

From $ 44626 to $ 276900

20 %

More than $ 492301

More than $ 523051

More than $ 553851

More than $ 276901

From the table, it is clear that taxpayers from different categories shall not pay any US Capital Gains Tax till the amount of the profit earned is within the given amount. The data is variable and might change according to the income groups or related factors. All those wondering to sell any of their assets can refer to the above details and plan accordingly.

We have also cited the short-term tax rates below for the reference of those selling assets within a year.



Head of Family

Jointly Filing

10 %

Below $ 11000

Below $ 15700

Below $ 22000

12 %

Between $ 11001 and $ 44725

Between $ 15701 and $ 59850

Between $ 22001 and $ 89450

22 %

Between $ 44726 and $ 95375

Between $ 59851 and $ 95350

Between $ 89451 and $ 190750

24 %

Between $ 95376 and $ 182100

Between $ 95351 and $ 182100

Between $ 190751 and $ 364200

32 %

Between $ 182101 and $ 231250

Between $ 182101 and $ 231250

Between $ 364201 and $ 462500

35 %

Between $ 231251 and $ 578125

Between $ 231251 and $ 578100

Between $ 462501 and $ 693750

37 %

More than $ 578126

More than 578101

More than $ 693751

From both tables, the investor can evaluate the value of the assets and calculate how much of the gain they shall be obliged to pay as taxes. The tax rates of the short-term yields are higher than those of the term. Hence, it is advised that the investors must hold the assets for a minimum of twelve months before disposing of them.

If you are residing in the United States, you shall be bound to pay these taxes when applying for returns. There can be ways in which the amount of taxes can be reduced. Contact any experienced professional for in-depth information regarding the same.

RHC Home

Leave a Comment