If Land was sold (126 acres) out of a trust, what would capital gains be?

[RichardG]

The capital gains tax rates are 0%, 15% and 20%, depending on the trust's income tax bracket. 

• 0-25% bracket rate is zero
• 35-39.6% bracket rate is 15%
• over 39.6% bracket rate is 20%

Please follow this link for the 2016 tax rates for trusts.

http://www.trustedattorneys.com/News/tabid/64/entryid/37/income-tax-rates-for-trusts-and-estates-201...

Keep in mind that if this is a revocable trust or other form of grantor trust, the capital gains tax will be computed at the tax bracket of the grantor and paid by the grantor, not the trust.