How much tax on $2600 capital gain

physiocindy — Tue, 04 Jun 2019 21:03:20 GMT

It depend on all of your income, the holding term (short...

Phillip1 — Tue, 04 Jun 2019 21:03:21 GMT

It depend on all of your income, the holding term (short or long term) and your filing status.

If the gain is long term your filing status is in the 10-15% regular tax bracket (including the capital gains) the tax will be zero on that gain income. If you are in the 25-35% regular tax bracket, the tax on the gain will be 15% or 390 dollars. If you are in the 39.6% bracket, the tax will be 20% or 520 dollars.

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How much tax on $2600 capital gain

It depend on all of your income, the holding term (short...