What’s the maximum capital gains tax rate?

Assets held Maximum rate1
More than 12 months (long term)
• 39.6% ordinary-income tax bracket 20%
• 25%, 28%, 33% or 35% ordinary-income tax bracket 15%
• 10% or 15% ordinary-income tax bracket 0%
Some key exceptions
Long-term gain on collectibles, such as artwork and antiques 28%
Long-term gain attributable to certain recapture of prior depreciation on real property 25%
Gain on qualified small business (QSB) stock held more than 5 years
• Acquired on or before Feb. 17, 2009 14%2
• Acquired after Feb. 17, 2009, but before Sept. 28, 2010 7%3
• Acquired on or after Sept. 28, 2010 0%

1 In addition, the 3.8% NIIT applies to net investment income to the extent that modified adjusted gross income (MAGI) exceeds $200,000 (singles and heads of households), $250,000 (married filing jointly) or $125,000 (married filing separately.)

2 Effective rate based on 50% exclusion from a 28% rate.

3 Effective rate based on 75% exclusion from a 28% rate.