What Is the Current Maximum Long-Term Capital Gains Tax Rate?
The current maximum long-term capital gains tax rate is 20%. This rate applies to taxpayers whose income exceeds a certain threshold (the highest income bracket).
For many taxpayers, the long-term capital gains rate is 15%, and for those in the lowest income brackets, it can be 0%. This preferential rate is a major incentive for holding capital assets for more than one year.