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Capital Gain Tax Rates for 2013

For tax year 2013 the capital gains tax rate for taxpayers in the 10% and 15% tax bracket is 0.0%. There is a capital gains tax rate of 15% for taxpayers in the 25%, 28%, 33%, and 35% tax brackets. The capital gains tax rate is 20% for taxpayers who fall into the new 39.6% tax bracket for high income taxpayers. Taxpayers may also be subject to an addition 3.8% Medicare tax in addition to the rates stated above. Contact our office if you have questions about your specific tax situation.