Timing Is Helpful When Selling Investments

Capital Gains Tax


Capital Gains and Dividends tax rates increased from 15% to 20% for taxpayers with taxable income in excess of the thresholds mentioned above ($400,000 for single filing status, etc). Net capital gains from selling collectibles such as coins or art are taxed at a maximum 28% rate. The rate will remain 15% for the middle class and the taxpayers in the 10% and 15% bracket still pay zero taxes on their Capital Gains.

Tax Tip: Consider selling capital gain items when you can leverage this interest rate to be lower than your present tax rate.

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