Capital Gains & Losses

Long Term Capital Gains - taxed differently than wage income

Answer:

Long-term capital gains are generally taxed at lower tax rates than those on wages and other ordinary income.
In general, if you are in the 15% tax bracket, the long-term capital gains tax rate is 0% (tax free).
If you are in tax brackets exceeding the 15% bracket, the long-term capital gains tax rate is 15%.
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