capital gains tax rate 2022

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What is the maximum tax rate for capital gains?

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The maximum rate of capital gains for long-term investments from 2018 according to the IRS is 20%, which applies to personal income over 35%.

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What are the federal long term capital gains rates?

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Federal long-term capital gains rates, tax rates that are typically much lower than the normal tax rates you pay, can currently be as high as 37%.

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How do you calculate the capital gains rate?

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You will calculate the capital gains rate in the following way -

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1. You must first calculate the profit for each asset (or if it is jointly owned, your share of the property).

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2. You will need to add the profit from each asset together.

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3. You must deduct any allowable loss therefrom.

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Next steps

capital gains tax rate 2022: Raised Or Not!

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