An example of a flight data recorder; the underwater locator beacon is the small cylinder on the far right. (Translation of warning message in French: FLIGHT RECORDER DO NOT OPEN) The warning appears in English on the other side.
1 Long-term gains are treated much better. 2  Long-term gains are taxed at 15% or 20% except for taxpayers in the 10% or 15%t bracket. 3  For low-bracket taxpayers, the long-term capital gains rate is 0%. 4  There are exceptions, of course, since this is tax law:.
As of 2014, the long-term capital gains tax rate for the 10% and 15% tax brackets is 0%. In other words, if your ordinary taxable income is less than $36,900 ($73,800 for married couples filing jointly), you'll pay absolutely no tax if you sell long-term stock holdings for a profit.