The capital gains tax is a levy you pay when you sell an asset that has increased in value since you bought it. Your capital gains tax rate can be 0%, 15%, or 20% depending on your income and your tax filing status. Certain assets are taxed at different rates depending on what they are and the situation.
Category: Opportunity Zone Essentials
Investing for Tomorrow: How Opportunity Zones Fuel Growth and Prosperity
The capital gains tax is a levy you pay when you sell an asset that has increased in value since you bought it. Your capital gains tax rate can be 0%, 15%, or 20% depending on your income and your tax filing status. Certain assets are taxed at different rates depending on what they are and the situation.