Short-term capital gains are taxed as though they are ordinary income. Any income you receive from investments you held for less than a year must be included in your taxable income for that year. ... The tax you'll pay on short-term capital gains follows the same tax brackets as ordinary income.
2020 capital gains tax rates
| Long-term capital gains tax rate | Your income |
|---|---|
| * Short-term capital gains are taxed as ordinary income according to federal income tax brackets. | |
| 0% | $0 to $40,000 |
| 15% | $40,001 to $441,450 |
| 20% | $441,451 or more |
Jul 2, 2020
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