CAPITAL GAINS TAX RATE
01.Core Concepts
• Exceptions: • Collectibles: 28% • Unrecaptured Section 1250 Gain: 25% Resulting from straight-line depreciation • Effective rate may be more than maximum. • Capital gains increase a taxpayer’s AGI. • Increased AGI may lead to phaseouts. Don’t forget the 3.8% Medicare tax imposed by the Affordable Care Act.