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Retirement tax questions
Assets held for at least one year and sold are considered long term capital gains/losses. Your state may also assess a capital gains tax.
At the Federal level, long term capital gains tax rates are 0%, 15%, and 25%, based on your total taxable income from all sources for the year and tax filing status (Single, Married Filing Jointly, etc.). This article has a handy chart with the rates and income amounts: A Guide to the Capital Gains Tax Rate: Short-term vs. Long-term Capital Gains Taxes
A common strategy that is used to avoid capital gain taxes is tax loss harvesting. Essentially, other stocks/assets are sold at a loss to offset a capital gain from another asset sale. This article explains this strategy further: A Complete Guide to Tax Loss Harvesting
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