The current federal capital gains tax rate for single taxpayers with an Adjusted Gross Income (AGI) less than $ 400,000 and married couples filing jointly with an AGI less than $ 450,000 is 15 % on all component of gain except depreciation recapture.
Not exact matches
This hypothetical illustration assumes the investor met the holding requirement for long - term
capital gains tax rates (longer than one year), the
gains were
taxed at the
current maximum
federal rate of 23.8 %, and the loss was not disallowed for
tax purposes due to a wash sale, related party sale, or other reason.
Under
current federal law, long - term
capital gains for individual investors in the fund are
taxed at a maximum rate of 15 %.
In addition to
capital gains distributions, fund distributions may include nonqualified ordinary dividends (
taxed at ordinary income
tax rates), qualified dividends (
taxed at rates applicable to long - term
capital gains if holding period and other requirements are met), exempt - interest dividends (not subject to regular
federal income
tax) and nondividend, or return of
capital, distributions, which are not subject to
current tax.
Issuing Company: ETF Securities Ltd Ticker: PPLT Expense Ratio: 0.60 %
Tax Treatment: From the prospectus, «Under current law, gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are taxed at a maximum federal income tax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.&raq
Tax Treatment: From the prospectus, «Under
current law,
gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are
taxed at a maximum
federal income
tax rate of 28 %, rather than the 15 % rate applicable to most other long - term capital gains.&raq
tax rate of 28 %, rather than the 15 % rate applicable to most other long - term
capital gains.»
Current federal individual income
tax rates
tax most net long - term
capital gains at a maximum rate of 20 %.
You'll see this or similar language in the prospectus of many metals ETFs: Under
current law,
gains recognized by individuals from the sale of «collectibles,» including physical platinum, held for more than one year are
taxed at a maximum
federal income
tax rate of 28 %, rather than the 15 % rate applicable to most other long - term
capital gains.