JulieCo
New Member

Get your taxes done using TurboTax

Yes, short-term capital gains do not benefit from any special tax rate – they are taxed at the same rate as your ordinary income. For 2017, ordinary tax rates range from 10 percent to 39.6 percent, depending on your total taxable income.

Here is more information:  Guide to Short-term vs Long-Term Capital Gains Tax