Below is a quick chart of capital gains tax rates for tax year 2021. You will find further explanations below the charts.
Short-Term Capital Gains Tax Rate
Short-term capital gains (on assets bought and sold in less than one year) are treated the same as any other regular income you make. So you simply add those short-term gains to the other income you make during the year and you’ll get taxed on all of that short-term income using the Federal Tax Brackets found here.
So, for example, if you made $60,000 at your job and had $13,000 in short-term capital gains, the IRS tells you to simply add those amounts together, and you’d get the same tax treatment on all $73,000 of “regular income.”
Long-Term Capital Gains Tax Rate (Assets Sold Beyond One Year):
| Your long-term rate is… | If you are a Single taxpayer with income of… | Or, if Married, Filing Jointly, with combined income of… |
|---|---|---|
| 0% | $1 – $40,400 | $1 – $80,800 |
| 15% | $40,401 – $445,850 | $80,801 – $501,600 |
| 20% | $445,851 or higher | $501,601 or higher |