{"id":2745,"date":"2024-12-30T05:36:25","date_gmt":"2024-12-30T05:36:25","guid":{"rendered":"https:\/\/legendfusions.com\/usa\/?p=2745"},"modified":"2025-04-15T07:25:25","modified_gmt":"2025-04-15T07:25:25","slug":"capital-gains-tax-rate-usa","status":"publish","type":"post","link":"https:\/\/legendfusions.com\/usa\/capital-gains-tax-rate-usa\/","title":{"rendered":"Capital Gains Tax Rate USA 2024\/25: Your Guide to Better Understanding and Calculation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2745\" class=\"elementor elementor-2745\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bd86005 pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bd86005\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ee7aa2 pbmit-bg-color-over-image\" data-id=\"7ee7aa2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0e7c0b9 elementor-widget elementor-widget-text-editor\" data-id=\"0e7c0b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW129798229 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW129798229 BCX0\">Capital gains taxes<\/span><\/span> <span class=\"TextRun SCXW129798229 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW129798229 BCX0\">are levied on the profits realized from selling appreciated assets such as stocks, bonds, or real estate. The <\/span><span class=\"NormalTextRun SCXW129798229 BCX0\">rates <\/span><span class=\"NormalTextRun SCXW129798229 BCX0\">applied to these gains <\/span><span class=\"NormalTextRun SCXW129798229 BCX0\">depend<\/span><span class=\"NormalTextRun SCXW129798229 BCX0\"> on when the asset was held and your overall income level. <\/span><span class=\"NormalTextRun SCXW129798229 BCX0\">Learn more about <\/span><\/span><span class=\"TextRun MacChromeBold SCXW129798229 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW129798229 BCX0\">capital gains tax rate USA<\/span><\/span><span class=\"TextRun SCXW129798229 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"> <span class=\"NormalTextRun SCXW129798229 BCX0\">and how you can calculate.\u00a0<\/span><\/span><span class=\"EOP SCXW129798229 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><!-- \/wp:html --><!-- \/wp:columns --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-797a2bb elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"797a2bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;marker_view&quot;:&quot;bullets&quot;,&quot;icon&quot;:{&quot;value&quot;:&quot;fas fa-circle&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tContents\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__797a2bb\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__797a2bb\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__797a2bb\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a52a5da elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"a52a5da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tWhat are Capital Gains Taxes? \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c15360d elementor-widget elementor-widget-text-editor\" data-id=\"c15360d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">Capital gains represent the profits realized when an asset, such as stocks, bonds, or real estate, is sold for a higher price than its original purchase cost. These gains are generally considered taxable income and are subject to capital gains taxes.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">In the U.S., capital gains tax only applies to profits from the sale of assets held for more than a year, known as long-term capital gains. The current capital gains tax rate is 0%, 15%, or 20%, depending on your income bracket. This encourages investors to hold onto their investments longer to benefit from lower tax rates!<\/span><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:160,&quot;335559739&quot;:80}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"none\">State Taxes:<\/span><\/b><span data-contrast=\"none\"> Many states also impose their own capital gains taxes. The rates vary significantly by state, and taxpayers may be subject to federal and state capital gains taxes.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"none\">Qualified Small Business Stock (QSBS):<\/span><\/b><span data-contrast=\"none\"> Certain taxpayers may qualify for a preferential tax rate of 0% on the sale of qualified small business stock held for more than five years.<\/span><\/p><p><!-- \/wp:html --><!-- \/wp:columns --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ccc51b elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"4ccc51b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tCapital Gains Tax Rate USA: Short-Term vs. Long-Term\u00a0\r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9662bea elementor-widget elementor-widget-text-editor\" data-id=\"9662bea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW123219982 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW123219982 BCX0\">The tax rate applied to capital gains depends significantly on the asset&#8217;s holding period.<\/span><\/span><span class=\"EOP SCXW123219982 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8bca27 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"a8bca27\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h5 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tShort-Term Capital Gains:\r\n\t\t\t\r\n\t\t\t<\/h5>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22e926f elementor-widget elementor-widget-text-editor\" data-id=\"22e926f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">When you sell an asset you\u2019ve owned for a year or less and make a profit, you\u2019ve got yourself a\u202f<\/span>short-term capital gain<span data-contrast=\"none\">. But here\u2019s the catch: these gains are taxed like your regular income. Additionally, short-term capital gain is taxed as ordinary income. So, depending on your income bracket, you could pay anywhere from 10% to 37% in taxes.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba1a7c7 pbmit-align-center elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"ba1a7c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading center\"><h5 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\t2024<br>\nShort Term Capital Gains Tax \r\n\t\t\t\r\n\t\t\t<\/h5>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-92022f0 elementor-widget elementor-widget-data_table_lite\" data-id=\"92022f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"data_table_lite.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"chart-card graphina-jquery-data-table\"\n\tdata-element_id=\"92022f0\"\n\tdata-common_filter_id=\"\"\n\tdata-chart_type=\"data_table_lite\"\n\tdata-chart_data='{&quot;columns&quot;:[{&quot;title&quot;:&quot;Tax Rate &quot;},{&quot;title&quot;:&quot;Single &quot;},{&quot;title&quot;:&quot;Head of Household &quot;},{&quot;title&quot;:&quot;Married Filing Jointly or Qualifying Widow &quot;},{&quot;title&quot;:&quot;Married Filing Separately &quot;}],&quot;data&quot;:[[&quot;10% &quot;,&quot;$0 to $11,600 &quot;,&quot;$0 to $16,550 &quot;,&quot;$0 to $23,200 &quot;,&quot;$0 to $11,600 &quot;],[&quot;12% &quot;,&quot;$11,601 to $47,150 &quot;,&quot;$16,551 to $63,100 &quot;,&quot;$23,201 to $94,300 &quot;,&quot;$11,601 to $47,150 &quot;],[&quot;22% &quot;,&quot;$47,151 to $100,525 &quot;,&quot;$63,101 to $100,500 &quot;,&quot;$94,301 to $201,050 &quot;,&quot;$47,151 to $100,525 &quot;],[&quot;24% &quot;,&quot;$100,526 to $191,950 &quot;,&quot;$100,501 to $191,950 &quot;,&quot;$201,051 to $383,900 &quot;,&quot;$100,526 to $191,950 &quot;],[&quot;32% &quot;,&quot;$191,951 to $243,725 &quot;,&quot;$191,951 to $243,700 &quot;,&quot;$383,901 to $487,450 &quot;,&quot;$191,951 to $243,725 &quot;],[&quot;35% &quot;,&quot;$243,726 to $609,350 &quot;,&quot;$243,701 to $609,350 &quot;,&quot;$487,451 to $731,200 &quot;,&quot;$243,726 to $365,600 &quot;],[&quot;37% &quot;,&quot;$609,351 or more &quot;,&quot;$609,351 or more &quot;,&quot;$731,201 or more &quot;,&quot;$365,601 or more &quot;]],&quot;searching&quot;:false,&quot;paging&quot;:false,&quot;info&quot;:false,&quot;lengthChange&quot;:false,&quot;sort&quot;:false,&quot;pagingType&quot;:&quot;full&quot;,&quot;scrollX&quot;:true,&quot;scrollY&quot;:&quot;&quot;,&quot;pageLength&quot;:10,&quot;responsive&quot;:true,&quot;dom&quot;:&quot;Bfrtip&quot;,&quot;lengthMenu&quot;:[[10,50,100,-1],[10,50,100,&quot;All&quot;]],&quot;buttons&quot;:[],&quot;columnDefs&quot;:[{&quot;className&quot;:&quot;dt-head-center&quot;,&quot;targets&quot;:&quot;_all&quot;},{&quot;className&quot;:&quot;dt-center&quot;,&quot;targets&quot;:&quot;_all&quot;}],&quot;deferRender&quot;:true,&quot;language&quot;:{&quot;search&quot;:&quot;&quot;,&quot;info&quot;:&quot;Showing _START_ to _END_ of _TOTAL_ entries&quot;,&quot;searchPlaceholder&quot;:&quot;Search....&quot;,&quot;emptyTable&quot;:&quot;No data available in table&quot;,&quot;zeroRecords&quot;:&quot;No matching records found&quot;,&quot;paginate&quot;:{&quot;first&quot;:&quot;First&quot;,&quot;last&quot;:&quot;Last&quot;,&quot;next&quot;:&quot;Next&quot;,&quot;previous&quot;:&quot;Previous&quot;},&quot;buttons&quot;:{&quot;copy&quot;:&quot;Copy&quot;,&quot;pdf&quot;:&quot;PDF&quot;,&quot;print&quot;:&quot;Print&quot;,&quot;excel&quot;:&quot;Excel&quot;,&quot;pageLength&quot;:{&quot;-1&quot;:&quot;Show all rows&quot;,&quot;_&quot;:&quot;Show %d rows&quot;}}}}'\n\tdata-extra_data='{&quot;current_post_id&quot;:2745,&quot;prefix&quot;:&quot;iq_&quot;,&quot;header_class&quot;:&quot;dt-head-center&quot;,&quot;table_data_direct&quot;:false,&quot;table_footer&quot;:false,&quot;is_dynamic_table&quot;:false,&quot;hide_column_header&quot;:false}'\n\tdata-settings='[]'>\n\t<div class=\"\">\n\t\t\t\t\t<p class=\"sub-heading graphina-chart-sub-heading\">\n\t\t\t\t\t\t\t<\/p>\n\t\t\t<\/div>\n\n\t\n\t<table id=\"data_table_lite_92022f0\"\n\t\tclass=\"chart-texture display wrap data_table_lite_92022f0\">\n\t<\/table>\n\t<p id=\"data_table_lite_loading_92022f0\" class=\"graphina-chart-heading table-loading-txt\">\n\t\tLoading..........\t<\/p>\n\t<p id=\"data_table_lite_no_data_92022f0\" class=\"graphina-chart-heading table-data-not-available-txt\">\n\t\tThe Data is Not Available\t<\/p>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a0e7f00 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"a0e7f00\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h5 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tLong Term Capital Gains \r\n\t\t\t\r\n\t\t\t<\/h5>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17b63b1 elementor-widget elementor-widget-data_table_lite\" data-id=\"17b63b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"data_table_lite.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"chart-card graphina-jquery-data-table\"\n\tdata-element_id=\"17b63b1\"\n\tdata-common_filter_id=\"\"\n\tdata-chart_type=\"data_table_lite\"\n\tdata-chart_data='{&quot;columns&quot;:[{&quot;title&quot;:&quot;Tax Rate &quot;},{&quot;title&quot;:&quot;Single &quot;},{&quot;title&quot;:&quot;Head of Household &quot;},{&quot;title&quot;:&quot;Married Filing Jointly &quot;},{&quot;title&quot;:&quot;Married Filing Separately &quot;}],&quot;data&quot;:[[&quot;0% &quot;,&quot;$0 to $47,025 &quot;,&quot;$0 to $63,000 &quot;,&quot;$0 to $94,050 &quot;,&quot;$0 to $47,025 &quot;],[&quot;15% &quot;,&quot;$47,026 to $518,900 &quot;,&quot;$63,001 to $551,350 &quot;,&quot;$94,051 to $583,750 &quot;,&quot;$47,026 to $291,850 &quot;],[&quot;20% &quot;,&quot;$518,901 or more &quot;,&quot;$551,351 or more &quot;,&quot;$583,751 or more &quot;,&quot;$291,851 or more &quot;]],&quot;searching&quot;:false,&quot;paging&quot;:false,&quot;info&quot;:false,&quot;lengthChange&quot;:false,&quot;sort&quot;:false,&quot;pagingType&quot;:&quot;full&quot;,&quot;scrollX&quot;:true,&quot;scrollY&quot;:&quot;&quot;,&quot;pageLength&quot;:10,&quot;responsive&quot;:true,&quot;dom&quot;:&quot;Bfrtip&quot;,&quot;lengthMenu&quot;:[[10,50,100,-1],[10,50,100,&quot;All&quot;]],&quot;buttons&quot;:[],&quot;columnDefs&quot;:[{&quot;className&quot;:&quot;dt-head-center&quot;,&quot;targets&quot;:&quot;_all&quot;},{&quot;className&quot;:&quot;dt-center&quot;,&quot;targets&quot;:&quot;_all&quot;}],&quot;deferRender&quot;:true,&quot;language&quot;:{&quot;search&quot;:&quot;&quot;,&quot;info&quot;:&quot;Showing _START_ to _END_ of _TOTAL_ entries&quot;,&quot;searchPlaceholder&quot;:&quot;Search....&quot;,&quot;emptyTable&quot;:&quot;No data available in table&quot;,&quot;zeroRecords&quot;:&quot;No matching records found&quot;,&quot;paginate&quot;:{&quot;first&quot;:&quot;First&quot;,&quot;last&quot;:&quot;Last&quot;,&quot;next&quot;:&quot;Next&quot;,&quot;previous&quot;:&quot;Previous&quot;},&quot;buttons&quot;:{&quot;copy&quot;:&quot;Copy&quot;,&quot;pdf&quot;:&quot;PDF&quot;,&quot;print&quot;:&quot;Print&quot;,&quot;excel&quot;:&quot;Excel&quot;,&quot;pageLength&quot;:{&quot;-1&quot;:&quot;Show all rows&quot;,&quot;_&quot;:&quot;Show %d rows&quot;}}}}'\n\tdata-extra_data='{&quot;current_post_id&quot;:2745,&quot;prefix&quot;:&quot;iq_&quot;,&quot;header_class&quot;:&quot;dt-head-center&quot;,&quot;table_data_direct&quot;:false,&quot;table_footer&quot;:false,&quot;is_dynamic_table&quot;:false,&quot;hide_column_header&quot;:false}'\n\tdata-settings='[]'>\n\t<div class=\"\">\n\t\t\t\t\t<p class=\"sub-heading graphina-chart-sub-heading\">\n\t\t\t\t\t\t\t<\/p>\n\t\t\t<\/div>\n\n\t\n\t<table id=\"data_table_lite_17b63b1\"\n\t\tclass=\"chart-texture display wrap data_table_lite_17b63b1\">\n\t<\/table>\n\t<p id=\"data_table_lite_loading_17b63b1\" class=\"graphina-chart-heading table-loading-txt\">\n\t\tLoading..........\t<\/p>\n\t<p id=\"data_table_lite_no_data_17b63b1\" class=\"graphina-chart-heading table-data-not-available-txt\">\n\t\tThe Data is Not Available\t<\/p>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97ab099 pbmit-align-center elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"97ab099\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading center\"><h5 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\t2025 <br>\nShort Term Capital Gains\r\n\t\t\t\r\n\t\t\t<\/h5>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1184b29 elementor-widget elementor-widget-data_table_lite\" data-id=\"1184b29\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"data_table_lite.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"chart-card graphina-jquery-data-table\"\n\tdata-element_id=\"1184b29\"\n\tdata-common_filter_id=\"\"\n\tdata-chart_type=\"data_table_lite\"\n\tdata-chart_data='{&quot;columns&quot;:[{&quot;title&quot;:&quot;Tax Rate &quot;},{&quot;title&quot;:&quot;Single &quot;},{&quot;title&quot;:&quot;Head of Household &quot;},{&quot;title&quot;:&quot;Married Filing Jointly or Qualifying Widow &quot;},{&quot;title&quot;:&quot;Married Filing Separately &quot;}],&quot;data&quot;:[[&quot;10% &quot;,&quot;$0 to $11,925 &quot;,&quot;$0 to $17,000 &quot;,&quot;$0 to $23,850 &quot;,&quot;$0 to $11,925 &quot;],[&quot;12% &quot;,&quot;$11,926 to $48,475 &quot;,&quot;$17,001 to $64,850 &quot;,&quot;$23,851 to $96,950 &quot;,&quot;$11,926 to $48,475 &quot;],[&quot;22% &quot;,&quot;$48,476 to $103,350 &quot;,&quot;$64,851 to $103,350 &quot;,&quot;$96,951 to $206,700 &quot;,&quot;$48,476 to $103,350 &quot;],[&quot;24% &quot;,&quot;$103,351 to $197,300 &quot;,&quot;$103,351 to $197,300 &quot;,&quot;$206,701 to $394,600 &quot;,&quot;$103,351 to $197,300 &quot;],[&quot;32% &quot;,&quot;$197,301 to $250,525 &quot;,&quot;$197,301 to $250,500 &quot;,&quot;$394,601 to $501,050 &quot;,&quot;$197,301 to $250,525 &quot;],[&quot;35% &quot;,&quot;$250,526 to $626,350 &quot;,&quot;$250,501 to $626,350 &quot;,&quot;$501,051 to $751,600 &quot;,&quot;$250,526 to $375,800 &quot;],[&quot;37% &quot;,&quot;$626,351 or more &quot;,&quot;$626,351 or more &quot;,&quot;$751,601 or more &quot;,&quot;$375,801 or more &quot;]],&quot;searching&quot;:false,&quot;paging&quot;:false,&quot;info&quot;:false,&quot;lengthChange&quot;:false,&quot;sort&quot;:false,&quot;pagingType&quot;:&quot;full&quot;,&quot;scrollX&quot;:true,&quot;scrollY&quot;:&quot;&quot;,&quot;pageLength&quot;:10,&quot;responsive&quot;:true,&quot;dom&quot;:&quot;Bfrtip&quot;,&quot;lengthMenu&quot;:[[10,50,100,-1],[10,50,100,&quot;All&quot;]],&quot;buttons&quot;:[],&quot;columnDefs&quot;:[{&quot;className&quot;:&quot;dt-head-center&quot;,&quot;targets&quot;:&quot;_all&quot;},{&quot;className&quot;:&quot;dt-center&quot;,&quot;targets&quot;:&quot;_all&quot;}],&quot;deferRender&quot;:true,&quot;language&quot;:{&quot;search&quot;:&quot;&quot;,&quot;info&quot;:&quot;Showing _START_ to _END_ of _TOTAL_ entries&quot;,&quot;searchPlaceholder&quot;:&quot;Search....&quot;,&quot;emptyTable&quot;:&quot;No data available in table&quot;,&quot;zeroRecords&quot;:&quot;No matching records found&quot;,&quot;paginate&quot;:{&quot;first&quot;:&quot;First&quot;,&quot;last&quot;:&quot;Last&quot;,&quot;next&quot;:&quot;Next&quot;,&quot;previous&quot;:&quot;Previous&quot;},&quot;buttons&quot;:{&quot;copy&quot;:&quot;Copy&quot;,&quot;pdf&quot;:&quot;PDF&quot;,&quot;print&quot;:&quot;Print&quot;,&quot;excel&quot;:&quot;Excel&quot;,&quot;pageLength&quot;:{&quot;-1&quot;:&quot;Show all rows&quot;,&quot;_&quot;:&quot;Show %d rows&quot;}}}}'\n\tdata-extra_data='{&quot;current_post_id&quot;:2745,&quot;prefix&quot;:&quot;iq_&quot;,&quot;header_class&quot;:&quot;dt-head-center&quot;,&quot;table_data_direct&quot;:false,&quot;table_footer&quot;:false,&quot;is_dynamic_table&quot;:false,&quot;hide_column_header&quot;:false}'\n\tdata-settings='[]'>\n\t<div class=\"\">\n\t\t\t\t\t<p class=\"sub-heading graphina-chart-sub-heading\">\n\t\t\t\t\t\t\t<\/p>\n\t\t\t<\/div>\n\n\t\n\t<table id=\"data_table_lite_1184b29\"\n\t\tclass=\"chart-texture display wrap data_table_lite_1184b29\">\n\t<\/table>\n\t<p id=\"data_table_lite_loading_1184b29\" class=\"graphina-chart-heading table-loading-txt\">\n\t\tLoading..........\t<\/p>\n\t<p id=\"data_table_lite_no_data_1184b29\" class=\"graphina-chart-heading table-data-not-available-txt\">\n\t\tThe Data is Not Available\t<\/p>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b63715 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"9b63715\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h5 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tLong Term Capital Gains \r\n\t\t\t\r\n\t\t\t<\/h5>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-716e307 elementor-widget elementor-widget-data_table_lite\" data-id=\"716e307\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"data_table_lite.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"chart-card graphina-jquery-data-table\"\n\tdata-element_id=\"716e307\"\n\tdata-common_filter_id=\"\"\n\tdata-chart_type=\"data_table_lite\"\n\tdata-chart_data='{&quot;columns&quot;:[{&quot;title&quot;:&quot;Tax Rate &quot;},{&quot;title&quot;:&quot;Single &quot;},{&quot;title&quot;:&quot;Head of Household &quot;},{&quot;title&quot;:&quot;Married Filing Jointly &quot;},{&quot;title&quot;:&quot;Married Filing Separately &quot;}],&quot;data&quot;:[[&quot;0% &quot;,&quot;$0 to $48,350 &quot;,&quot;$0 to $64,750 &quot;,&quot;$0 to $96,700 &quot;,&quot;$0 to $48,350 &quot;],[&quot;15% &quot;,&quot;$48,351 to $533,400 &quot;,&quot;$64,751 to $566,700 &quot;,&quot;$96,701 to $600,050 &quot;,&quot;$48,351 to $300,000 &quot;],[&quot;20% &quot;,&quot;$533,401 or more &quot;,&quot;$566,701 or more &quot;,&quot;$600,051 or more &quot;,&quot;$300,001 or more &quot;]],&quot;searching&quot;:false,&quot;paging&quot;:false,&quot;info&quot;:false,&quot;lengthChange&quot;:false,&quot;sort&quot;:false,&quot;pagingType&quot;:&quot;full&quot;,&quot;scrollX&quot;:true,&quot;scrollY&quot;:&quot;&quot;,&quot;pageLength&quot;:10,&quot;responsive&quot;:true,&quot;dom&quot;:&quot;Bfrtip&quot;,&quot;lengthMenu&quot;:[[10,50,100,-1],[10,50,100,&quot;All&quot;]],&quot;buttons&quot;:[],&quot;columnDefs&quot;:[{&quot;className&quot;:&quot;dt-head-center&quot;,&quot;targets&quot;:&quot;_all&quot;},{&quot;className&quot;:&quot;dt-center&quot;,&quot;targets&quot;:&quot;_all&quot;}],&quot;deferRender&quot;:true,&quot;language&quot;:{&quot;search&quot;:&quot;&quot;,&quot;info&quot;:&quot;Showing _START_ to _END_ of _TOTAL_ entries&quot;,&quot;searchPlaceholder&quot;:&quot;Search....&quot;,&quot;emptyTable&quot;:&quot;No data available in table&quot;,&quot;zeroRecords&quot;:&quot;No matching records found&quot;,&quot;paginate&quot;:{&quot;first&quot;:&quot;First&quot;,&quot;last&quot;:&quot;Last&quot;,&quot;next&quot;:&quot;Next&quot;,&quot;previous&quot;:&quot;Previous&quot;},&quot;buttons&quot;:{&quot;copy&quot;:&quot;Copy&quot;,&quot;pdf&quot;:&quot;PDF&quot;,&quot;print&quot;:&quot;Print&quot;,&quot;excel&quot;:&quot;Excel&quot;,&quot;pageLength&quot;:{&quot;-1&quot;:&quot;Show all rows&quot;,&quot;_&quot;:&quot;Show %d rows&quot;}}}}'\n\tdata-extra_data='{&quot;current_post_id&quot;:2745,&quot;prefix&quot;:&quot;iq_&quot;,&quot;header_class&quot;:&quot;dt-head-center&quot;,&quot;table_data_direct&quot;:false,&quot;table_footer&quot;:false,&quot;is_dynamic_table&quot;:false,&quot;hide_column_header&quot;:false}'\n\tdata-settings='[]'>\n\t<div class=\"\">\n\t\t\t\t\t<p class=\"sub-heading graphina-chart-sub-heading\">\n\t\t\t\t\t\t\t<\/p>\n\t\t\t<\/div>\n\n\t\n\t<table id=\"data_table_lite_716e307\"\n\t\tclass=\"chart-texture display wrap data_table_lite_716e307\">\n\t<\/table>\n\t<p id=\"data_table_lite_loading_716e307\" class=\"graphina-chart-heading table-loading-txt\">\n\t\tLoading..........\t<\/p>\n\t<p id=\"data_table_lite_no_data_716e307\" class=\"graphina-chart-heading table-data-not-available-txt\">\n\t\tThe Data is Not Available\t<\/p>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1014847 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"1014847\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tLong-Term Capital Gains:\r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cfc5b93 elementor-widget elementor-widget-text-editor\" data-id=\"cfc5b93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">When you sell an asset you\u2019ve held for more than a year, you enjoy the perks of the\u202f<\/span>tax rate on long term capital gains<span data-contrast=\"none\">, which are much lower than ordinary income tax rates. Here\u2019s the scoop:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><ul><li><span style=\"color: #212c40;\"><b>0%<\/b><\/span><span data-contrast=\"none\">: If you\u2019re in the 10%- or 12%-income tax brackets, you won\u2019t owe any federal capital gains taxes on your\u202flong-term gains. That\u2019s right, zero!<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><li><span style=\"color: #212c40;\"><b>15%<\/b><\/span><span data-contrast=\"none\">: Most people will fall into this category and pay a 15% tax on their\u202flong-term capital<\/span> <span data-contrast=\"none\">gains.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><li><span style=\"color: #212c40;\"><b>20%<\/b><\/span><span data-contrast=\"none\">: High rollers in the 35%- or 37%-income tax brackets will face a 20% tax on their\u202flong-term gains.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a92fa46 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"a92fa46\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tWhy It Matters \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b568183 elementor-widget elementor-widget-text-editor\" data-id=\"b568183\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW138494696 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW138494696 BCX0\">Long-term capital gains\u202fare taxed at these lower rates to encourage you to hold onto your investments longer. This can save you a bundle compared to the higher rates for short-term gains.<\/span><\/span><span class=\"EOP SCXW138494696 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e31acfc elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"e31acfc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tHow to Calculate Your Holding Period \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24773fa elementor-widget elementor-widget-text-editor\" data-id=\"24773fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">You must know your holding period to determine if your gain qualifies as long-term. Here\u2019s a fun way to remember it:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"none\">The day after you buy the asset is Day 1 of your holding period.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><li><span data-contrast=\"none\">If you bought an asset on February 1, 2023, your holding period starts on February 2, 2023.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><li><span data-contrast=\"none\">The one-year mark is February 1, 2024. You&#8217;ve hit the long-term mark if you sell on or after this date!<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f49f769 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"f49f769\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tHow Do Capital Gain Taxes Work? \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-890a708 elementor-widget elementor-widget-text-editor\" data-id=\"890a708\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW195070116 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW195070116 BCX0\">We need to understand capital losses to understand how the capital gain taxes work; then, we can <\/span><span class=\"NormalTextRun SCXW195070116 BCX0\">proceed<\/span><span class=\"NormalTextRun SCXW195070116 BCX0\"> to the capital gain tax calculations.<\/span><\/span><span class=\"EOP SCXW195070116 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32fab70 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"32fab70\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h3 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tWhat Are Capital Losses? \r\n\t\t\t\r\n\t\t\t<\/h3>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-663eec5 elementor-widget elementor-widget-text-editor\" data-id=\"663eec5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">Capital losses\u202fhappen when you sell an asset or investment for less than what you paid. But don\u2019t worry; these losses can help you at tax time by offsetting your capital gains.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">Just like gains, capital losses come in\u202fthe short\u202fand\u202flong term. Here\u2019s how they work:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><ol><li><b><span data-contrast=\"none\">Match the Type<\/span><\/b><span data-contrast=\"none\">: First, use your long-term capital losses to offset any long-term capital gains. The same goes for short-term losses and gains.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><li><b><span data-contrast=\"none\">Offset the Excess<\/span><\/b><span data-contrast=\"none\">: If you have more losses than gains, you can use the extra losses to offset the other type of gain. For example, leftover long-term losses can offset short-term gains.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><li><b><span data-contrast=\"none\">Reduce Other Income<\/span><\/b><span data-contrast=\"none\">: You can also use up to $3,000 of your capital losses to reduce other types of income, like earnings or dividends.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><li><b><span data-contrast=\"none\">Carry Forward<\/span><\/b><span data-contrast=\"none\">: If you still have unused losses, you can carry them to future tax years to offset gains.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li><\/ol><p><b><span style=\"color: #212c40;\">Fun Fact<\/span>:<\/b> You can use capital losses to offset up to $3,000 of your other yearly income! Plus, any leftover losses can be carried forward indefinitely, helping you reduce your tax bill in future years.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e49650 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"2e49650\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tCalculating Your Capital Gains \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-959ffdb elementor-widget elementor-widget-text-editor\" data-id=\"959ffdb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">Capital losses can be deducted from capital gains to determine your taxable gains for the year. However, the <\/span> <span data-contrast=\"none\">calculation can get tricky if you have both short-term and long-term investments with gains and losses.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">First, separate your short-term gains and losses from your long-term gains and losses. Calculate the total short-term gains and then the total short-term losses. Do the same for your long-term gains and losses.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">Next, net the short-term gains against the short-term losses to get a net short-term gain or loss. Repeat this process for your long-term gains and losses to get a net long-term gain or loss.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f86e862 pbmit-animation-none elementor-widget elementor-widget-image\" data-id=\"f86e862\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"847\" height=\"476\" src=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024-1024x576.webp\" class=\"attachment-large size-large wp-image-2767\" alt=\"Calculating Your Capital Gains\" srcset=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024-1024x576.webp 1024w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024-300x169.webp 300w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024-768x432.webp 768w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024.webp 1500w\" sizes=\"(max-width: 847px) 100vw, 847px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5fa1b8 elementor-widget elementor-widget-text-editor\" data-id=\"d5fa1b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW421135 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW421135 BCX0\">You can also use a capital gains calculator to estimate what you might owe on a potential or actualized sale.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-90c4c9c elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"90c4c9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tSpecial Capital Gains Tax Exceptions \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2abaa9e elementor-widget elementor-widget-text-editor\" data-id=\"2abaa9e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW139003829 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW139003829 BCX0\">Not all assets are taxed the same way <\/span><span class=\"NormalTextRun SCXW139003829 BCX0\">regarding<\/span><span class=\"NormalTextRun SCXW139003829 BCX0\"> capital gains. <\/span><span class=\"NormalTextRun SCXW139003829 BCX0\">Here\u2019s<\/span><span class=\"NormalTextRun SCXW139003829 BCX0\"> a breakdown of some cases:<\/span><\/span><span class=\"EOP SCXW139003829 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c6f572 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"3c6f572\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tCollectibles:\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5e4e7e elementor-widget elementor-widget-text-editor\" data-id=\"b5e4e7e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW243520975 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW243520975 BCX0\">Short-term gains on collectibles like art, antiques, jewelry, precious metals, or stamps are taxed as ordinary income at your regular tax rate. However, if you hold onto these items for over a year, the gains are still taxed as ordinary income but capped at 28%.<\/span><\/span><span class=\"EOP SCXW243520975 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3353fc1 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"3353fc1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tOwner-Occupied Real Estate:  \r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17f757a elementor-widget elementor-widget-text-editor\" data-id=\"17f757a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">When you sell your main home, you can exclude up to $250,000 of the gain from your taxable income (or $500,000 if married filing jointly). This applies if you\u2019ve owned and lived in the home for at least two years. Unlike other investments, you can\u2019t deduct losses from selling personal property like your home.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">For example, if you bought a house for $200,000 and sold it for $500,000, you made a $300,000 profit. After the $250,000 exemption, you only report a $50,000 gain for tax purposes. Significant repairs and improvements can also\u202fbe added to your home\u2019s cost, reducing your taxable gain.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d612656 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"d612656\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tInvestment Real Estate: \r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-996bc26 elementor-widget elementor-widget-text-editor\" data-id=\"996bc26\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW34353147 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW34353147 BCX0\">Investors can deduct depreciation to account for the property\u2019s wear and tear over time. This reduces the property\u2019s cost basis, which can increase your taxable gain when you sell.\u00a0<\/span><\/span><span class=\"EOP SCXW34353147 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f900d8f pbmit-animation-none elementor-widget elementor-widget-image\" data-id=\"f900d8f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"847\" height=\"476\" src=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024i-1024x576.webp\" class=\"attachment-large size-large wp-image-2768\" alt=\"Investment Real Estate\" srcset=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024i-1024x576.webp 1024w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024i-300x169.webp 300w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024i-768x432.webp 768w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/12\/15-Capital-Gains-Tax-Rate-USA-2024i.webp 1500w\" sizes=\"(max-width: 847px) 100vw, 847px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e3fd36 elementor-widget elementor-widget-text-editor\" data-id=\"2e3fd36\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW89470264 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW89470264 BCX0\">For instance, if you bought a building for $100,000 and claimed $5,000 in depreciation, your adjusted cost basis is $95,000. If you sell the building for $110,000, you have a $15,000 gain. The $5,000 depreciation is recaptured and taxed at 25%, while the remaining $10,000 is taxed at 0%, 15%, or 20%, depending on your income.<\/span><\/span><span class=\"EOP SCXW89470264 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0067d83 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"0067d83\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tInvestment Exceptions: \r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62572b8 elementor-widget elementor-widget-text-editor\" data-id=\"62572b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">High-income earners may face an additional 3.8% tax on investment income, including capital gains, if their modified adjusted gross income (MAGI) exceeds certain thresholds. These thresholds are $250,000 for married couples filing jointly or surviving spouses, $200,000 for single filers or heads of household, and $125,000 for married individuals filing separately.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span style=\"color: #212c40;\"><b>Fun Fact<\/b><\/span><i><span data-contrast=\"none\">: <\/span><\/i>Selling your primary residence can give you a huge tax break! You can exclude up to $250,000 (or $500,000 for married couples) of the gain from your taxable income if you\u2019ve lived in the home for at least two years.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cfddf3 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"9cfddf3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tHow to Avoid Capital Gains Taxes \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1592412 elementor-widget elementor-widget-text-editor\" data-id=\"1592412\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW107127858 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW107127858 BCX0\">Investing money and making a profit is exciting, but <\/span><span class=\"NormalTextRun SCXW107127858 BCX0\">you\u2019ll<\/span><span class=\"NormalTextRun SCXW107127858 BCX0\"> also owe capital gains taxes. Luckily, there are several perfectly legal ways to minimize your capital gains taxes. <\/span><span class=\"NormalTextRun SCXW107127858 BCX0\">Here\u2019s<\/span><span class=\"NormalTextRun SCXW107127858 BCX0\"> how:<\/span><\/span><span class=\"EOP SCXW107127858 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32fa19e elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"32fa19e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\t1. Hold Your Investments for Over a Year\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57aa8a6 elementor-widget elementor-widget-text-editor\" data-id=\"57aa8a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW117100142 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW117100142 BCX0\">If you hold your investment for over a year, your profits are taxed at the lower long-term <\/span><span class=\"NormalTextRun SCXW117100142 BCX0\">capital gains rate. Otherwise, <\/span><span class=\"NormalTextRun SCXW117100142 BCX0\">they\u2019re<\/span><span class=\"NormalTextRun SCXW117100142 BCX0\"> treated as regular income, which usually means a higher tax rate. So, patience pays off!<\/span><\/span><span class=\"EOP SCXW117100142 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8701eaa elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"8701eaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\t2. Use Investment Losses to Your Advantage\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8933b7 elementor-widget elementor-widget-text-editor\" data-id=\"f8933b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW261180602 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW261180602 BCX0\">Did you know you can deduct your investment losses from your profits? You can claim up to $3,000 of excess losses yearly to lower your taxable income. Some savvy investors sell losing investments at the end of the year to offset their gains. If your losses exceed $3,000, you can carry them to future years to offset future gains.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-657c3df elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"657c3df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\t3. Track Your Investment Expenses \r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8ed6ed3 elementor-widget elementor-widget-text-editor\" data-id=\"8ed6ed3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW4378997 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW4378997 BCX0\">Record any qualifying expenses related to making or <\/span><span class=\"NormalTextRun SCXW4378997 BCX0\">maintaining<\/span><span class=\"NormalTextRun SCXW4378997 BCX0\"> your investments. These expenses increase your cost basis, which reduces your taxable profit when you sell.<\/span><\/span><span class=\"EOP SCXW4378997 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-834e837 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"834e837\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\t4. Utilize Tax-Advantaged Accounts \r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a8878b elementor-widget elementor-widget-text-editor\" data-id=\"6a8878b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW142197451 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW142197451 BCX0\">Consider holding your investments in tax-advantaged accounts like a 401(k) or IRA. While these accounts may limit your liquidity and withdrawal options, they allow you to buy and sell securities without incurring taxes on gains, which can be a significant advantage.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41bd08a elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"41bd08a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\t5. Seek Out Exclusions \r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-253dcb4 elementor-widget elementor-widget-text-editor\" data-id=\"253dcb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW233191812 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW233191812 BCX0\">If you sell your primary residence, you can exclude up to $250,000 of the gain from your taxable income ($500,000 for married couples filing jointly). Ensure <\/span><span class=\"NormalTextRun SCXW233191812 BCX0\">you\u2019ve<\/span><span class=\"NormalTextRun SCXW233191812 BCX0\"> lived in the home for at least two years to qualify. Planning the timing of your sale to meet these criteria can save you a substantial amount in taxes.<\/span><\/span><span class=\"EOP SCXW233191812 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-930d2c0 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"930d2c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tCapital Gains Tax Strategies \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0262873 elementor-widget elementor-widget-text-editor\" data-id=\"0262873\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW221505699 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW221505699 BCX0\">Investing money and making a profit is exciting, but <\/span><span class=\"NormalTextRun SCXW221505699 BCX0\">you\u2019ll<\/span><span class=\"NormalTextRun SCXW221505699 BCX0\"> also owe capital gains taxes. Luckily, there are several perfectly legal ways to minimize your capital gains taxes. <\/span><span class=\"NormalTextRun SCXW221505699 BCX0\">Here\u2019s<\/span><span class=\"NormalTextRun SCXW221505699 BCX0\"> how:<\/span><\/span><span class=\"EOP SCXW221505699 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2a2094 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"a2a2094\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tUse Your Capital Losses\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba03ed4 elementor-widget elementor-widget-text-editor\" data-id=\"ba03ed4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">Capital losses can offset capital gains and effectively lower your capital gains tax for the year. But what if your losses are more significant than your gains? If losses exceed gains by up to $3,000, you can claim that amount against your income. Any excess loss not used in the current year can be deducted from income to reduce your tax liability in future years.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">For example, if you realize a profit of $5,000 from selling some stocks but incur a loss of $20,000 from selling others, the capital loss can cancel out the tax liability for the $5,000 gain. The remaining $15,000 loss can offset income, reducing the tax on those earnings. If your annual income is $50,000, you can report $47,000 in taxable income by claiming the $3,000 maximum loss. The remaining $12,000 loss can be deducted over the next four years.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cca5ec elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"9cca5ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tDon\u2019t Break the Wash-Sale Rule\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b8cde3 elementor-widget elementor-widget-text-editor\" data-id=\"3b8cde3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW33289588 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW33289588 BCX0\">Be careful not to sell stock shares at a loss to get a tax advantage and repurchase the same investment within <\/span><span class=\"NormalTextRun SCXW33289588 BCX0\">30 days<\/span><span class=\"NormalTextRun SCXW33289588 BCX0\">. This violates the IRS wash-sale rule. Capital losses can be rolled forward to <\/span><span class=\"NormalTextRun SCXW33289588 BCX0\">subsequent<\/span><span class=\"NormalTextRun SCXW33289588 BCX0\"> years to reduce future income and lower your tax burden.<\/span><\/span><span class=\"EOP SCXW33289588 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8400e9c elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"8400e9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tUse Tax-Advantaged Retirement Plans\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a75f958 elementor-widget elementor-widget-text-editor\" data-id=\"a75f958\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">Participating in a retirement plan like a 401(k) or IRA allows your investments to grow without being subject to capital gains tax. You can buy and sell within these plans\u202fwithout paying taxes every year.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">Most traditional retirement plans do not require participants to pay tax on the funds until they are withdrawn; at this point, withdrawals are taxed as ordinary income. With a Roth IRA or 401(k), qualified retirement withdrawals are tax-free since income taxes are collected as the money is paid into the account.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-400f43e elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"400f43e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tCash In After Retiring\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-351648a elementor-widget elementor-widget-text-editor\" data-id=\"351648a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW227485848 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW227485848 BCX0\">As you approach retirement, consider waiting until you stop working to sell profitable assets. If your retirement income is lower, the capital gains tax bill might be reduced. You may even avoid paying capital gains tax altogether. Be mindful of the impact of taking the tax hit while working versus after retirement.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78c3c62 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"78c3c62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tWatch Your Holding Periods \r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81a4e1d elementor-widget elementor-widget-text-editor\" data-id=\"81a4e1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW192318030 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW192318030 BCX0\">An asset must be sold more than a year to the day after it was <\/span><span class=\"NormalTextRun SCXW192318030 BCX0\">purchased<\/span><span class=\"NormalTextRun SCXW192318030 BCX0\"> to qualify for long-term capital gains treatment. If you are selling a security bought about a year ago, check the actual trade date of the purchase before selling. Waiting a few extra days might qualify for the sale for long-term capital gains treatment.<\/span><\/span><span class=\"EOP SCXW192318030 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b35c5c elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"0b35c5c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tPick Your Basis\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82b7ed8 elementor-widget elementor-widget-text-editor\" data-id=\"82b7ed8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"NormalTextRun SCXW206400076 BCX0\">Most investors use the first-in, first-out (FIFO) method to calculate the cost basis when <\/span><span class=\"NormalTextRun SCXW206400076 BCX0\">acquiring<\/span><span class=\"NormalTextRun SCXW206400076 BCX0\"> and selling shares in the same company or mutual fund at <\/span><span class=\"NormalTextRun SCXW206400076 BCX0\">different times<\/span><span class=\"NormalTextRun SCXW206400076 BCX0\">. However, there are other methods to choose from: last in, first out (LIFO), dollar value LIFO, average cost (only for mutual fund shares), and specific share identification. The best choice depends on factors like the basis price of shares <\/span><span class=\"NormalTextRun SCXW206400076 BCX0\">purchased<\/span><span class=\"NormalTextRun SCXW206400076 BCX0\"> and the amount of gain declared.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fc4831 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"4fc4831\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tFrequently Asked Questions \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8924803 elementor-widget elementor-widget-toggle\" data-id=\"8924803\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1431\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1431\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"far fa-eye\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened far fa-eye-slash\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What Is the Net Investment Income Tax (NIIT)? <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1431\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1431\"><p><span class=\"TextRun SCXW241967859 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW241967859 BCX0\">The Net Investment Income Tax (NIIT) is a 3.8% tax on certain net investment income for individuals, estates, and trusts with income above statutory threshold amounts.<\/span><\/span><span class=\"EOP SCXW241967859 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1432\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1432\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"far fa-eye\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened far fa-eye-slash\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Do I Have to Pay Capital Gains Taxes Immediately? <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1432\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1432\"><p><span class=\"TextRun SCXW63089901 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW63089901 BCX0\">You typically pay capital gains tax after selling an asset, but the IRS may require quarterly estimated payments to avoid penalties for large unpaid amounts.<\/span><\/span><span class=\"EOP SCXW63089901 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1433\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1433\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"far fa-eye\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened far fa-eye-slash\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What Is Good About Reducing the Capital Gains Tax Rate?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1433\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1433\"><p><span class=\"TextRun SCXW23582592 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW23582592 BCX0\">Proponents of a low capital gains tax rate argue that it incentivizes investment, fuels economic growth, and avoids double taxation on already-taxed income.<\/span><\/span><span class=\"EOP SCXW23582592 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-86112c0 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"86112c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tConsult a Tax Professional\r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fda495 elementor-widget elementor-widget-text-editor\" data-id=\"7fda495\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW139470558 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW139470558 BCX0\">It&#8217;s<\/span><span class=\"NormalTextRun SCXW139470558 BCX0\"> smart to consult a qualified tax advisor, <\/span><\/span><span style=\"color: #3366ff;\"><a class=\"Hyperlink SCXW139470558 BCX0\" style=\"color: #3366ff;\" href=\"https:\/\/legendfusions.com\/usa\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW139470558 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW139470558 BCX0\" data-ccp-charstyle=\"Hyperlink\">Legend Fusions<\/span><\/span><\/a><\/span><span class=\"TextRun SCXW139470558 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW139470558 BCX0\">, to make sure <\/span><span class=\"NormalTextRun SCXW139470558 BCX0\">you\u2019re<\/span><span class=\"NormalTextRun SCXW139470558 BCX0\"> getting the most out of your USA&#8217;s capital gain taxes and staying compliant with all regulations. With Legend Fusions<\/span><span class=\"NormalTextRun SCXW139470558 BCX0\">,<\/span><span class=\"NormalTextRun SCXW139470558 BCX0\"> you <\/span><span class=\"NormalTextRun SCXW139470558 BCX0\">do <\/span><span class=\"NormalTextRun SCXW139470558 BCX0\">not only manage your <\/span><\/span><span class=\"TextRun MacChromeBold SCXW139470558 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW139470558 BCX0\">capital gains tax <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW139470558 BCX0\">rates<\/span><span class=\"NormalTextRun SCXW139470558 BCX0\"> USA<\/span><\/span><span class=\"TextRun SCXW139470558 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW139470558 BCX0\"> but <\/span><span class=\"NormalTextRun SCXW139470558 BCX0\">also <\/span><span class=\"NormalTextRun SCXW139470558 BCX0\">unlock potential savings and avoid costly mistakes. <\/span><span class=\"NormalTextRun SCXW139470558 BCX0\">Don\u2019t<\/span> <span class=\"NormalTextRun SCXW139470558 BCX0\">miss out on<\/span><span class=\"NormalTextRun SCXW139470558 BCX0\"> maximizing your financial potential\u2014get expert advice today!\u00a0<\/span><\/span><span class=\"EOP SCXW139470558 BCX0\" data-ccp-props=\"{&quot;335559738&quot;:210,&quot;335559739&quot;:210}\">\u00a0<\/span><\/p><p><!-- \/wp:html --><!-- \/wp:columns --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a3e643 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"8a3e643\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tReviewed by:\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2d138c1 pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d138c1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c189860 pbmit-bg-color-over-image\" data-id=\"c189860\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-af9f5c8 elementor-position-left elementor-position-top elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"af9f5c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"512\" height=\"512\" src=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira.webp\" class=\"attachment-full size-full wp-image-2443\" alt=\"Hira\" srcset=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira.webp 512w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira-300x300.webp 300w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira-150x150.webp 150w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure><div class=\"elementor-image-box-content\"><h4 class=\"elementor-image-box-title\">Hira Asif<\/h4><p class=\"elementor-image-box-description\">Hira Asif, Client Manager (US) at Legend Fusions, brings over 11 years of tax expertise, including 8 years with Ernst &amp; Young. Her work focuses on tax advisory, compliance, and planning for individuals, partnerships, and private equity funds. With a deep knowledge of federal, state, and local tax regulations, Hira is skilled in identifying tax planning opportunities and reviewing corporate and partnership tax returns to optimize compliance and reduce exposures.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd3409a elementor-widget__width-initial elementor-shape-rounded elementor-grid-0 e-grid-align-center elementor-widget elementor-widget-social-icons\" data-id=\"bd3409a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"social-icons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-social-icons-wrapper elementor-grid\">\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-linkedin elementor-repeater-item-2e23a96\" href=\"https:\/\/www.linkedin.com\/in\/hira-asif-1a08a81a1\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Linkedin<\/span>\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-linkedin\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Capital gains taxes are levied on the profits realized from selling appreciated assets such as stocks, bonds, or real estate. The rates applied to these gains depend on when the asset was held and your overall income level. Learn more about capital gains tax rate USA and how you can calculate.\u00a0\u00a0 Contents What are Capital [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2766,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[44],"tags":[],"class_list":["post-2745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guide"],"_links":{"self":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts\/2745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/comments?post=2745"}],"version-history":[{"count":122,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts\/2745\/revisions"}],"predecessor-version":[{"id":3459,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts\/2745\/revisions\/3459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/media\/2766"}],"wp:attachment":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/media?parent=2745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/categories?post=2745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/tags?post=2745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}