Long-term capital gains tax rate Your income 0% $0 to $39,375 15% $39,376 to $434,550 20% $434,551 or more Jimi is in the 12% tax bracket and her income is $35,000 and had the following capital asset transactions during 2020 Jimi's tax liability from these gains is: $15,000 Long-term gain from the sale of a coin collection Long-term gain from the sale of a land Investment 11,000 Answer: Short-term gain from the sale of a stock investment 3,000