There can be three subgroups within the long-term capital gain or loss group - 0%/15%/20%, 25%, and 28%.

Question

Quizplus · Accepted Answer

This is true according to the current tax brackets for long-term capital gains as of the 2021 tax year. The 0%/15%/20% group applies to those with taxable income below $441,450 for married filing jointly or $248,300 for single filers. The 25% group applies to those with gains from certain collectibles and qualified small business stock. The 28% group applies to those with gains from the sale of real property that has been depreciated.

There Can Be Three Subgroups Within the Long-Term Capital Gain