Generally, profits from selling assets such as securities and real estate held in taxable accounts are classed as long-term if the holding period was longer than one year. Tax rates on long-term capital gains are 0%, 15%, or 20%, depending on the seller’s income.

What’s Inside

  • Using the 0% tax rate
  • Working around the new “kiddie tax”
  • Final regulations clarify IRC Section 199A
  • Tax calendar