Capital Gain Rates and Qualified Dividend Rates: 2016
|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% but below 39.6%||15%|
|If your top bracket is 39.6%||20%|
|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).
--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.
|If Your Top Bracket Is...||Your Qualified Dividends Rate is-|
|10% or 15%||0%|
|OVER 15% but below 39.6%||15%|
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- Return to the Capital Gains and Losses Table of Contents to find related links.