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Capital Gain Rates and Qualified Dividend Rates: 2012
Long-Term Capital Gain Rates | Your Maximum Rate is- |
---|---|
If your top bracket is 10% or 15% | 0% |
If your top bracket is OVER 15% | 15% |
Collectibles, Qualified Small Business Stock (Section 1202 50% Exclusion) or Empowerment Zone Business Stock (60% Exclusion) Taxable portion of Section 1202 gain treated as a 28% rate gain). | 28% |
Unrecaptured Gain from Sale of Real Estate (this rate applies to unrecaptured real estate depreciation). NOTE: --Unrecaptured Section 1250 gain figured on "Unrecaptured Section 1250 Gain Worksheet" in Schedule D instructions. -- A net loss, if any, from the 28% group reduces unrecaptured Section 1250 gain -- Effect of computation on Schedule D Tax Worksheet is to tax unrecaptured Section 1250 gain at either a 25% rate or at the regular rates on ordinary income, whichever results in a lower tax. --The tax is figured on Schedule D Tax Worksheet and entered on Line 44 of Form 1040. |
25% |
If Your Top Bracket Is... | Your Qualified Dividends Rate is- |
---|---|
10% or 15% | 0% |
OVER 15% | 15% |
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Related Content
- Return to the Capital Gains and Losses Table of Contents to find related links.