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Question ZZ (3 points) Individuals receive special tax rates for long-term capital gains (ie, held over 1 year). For 2018 - 2025, the applicable
Question ZZ (3 points) Individuals receive special tax rates for long-term capital gains (ie, held over 1 year). For 2018 - 2025, the applicable rate is determined based on income levels (adjusted for inflation after 2018), rather than tax brackets, as previously discussed. For 2022: % tax rate if income is below $41,675 for single individuals, $83,350 for MFJ/SS, and $55,800 for HOH % tax rate if income is between the applicable 0% rate amount and below $458,750 for single individuals, $517,200 for MFJ/SS, and $488,500 for HOH % tax rate for all other "high-income" individuals above these thresholds Short-term capital gains (ie, held 1 year or less) are taxed at ordinary tax rates. 0%, 10%, 15% 5%, 10%, 25% 10%, 15%, 30% 0%, 15%, 20%
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