Tax is Zero on any long-term capital gains for taxpayers within the 10% or 15% tax bracket

Taxpayers whose top marginal tax bracket is lower than 25% enjoy a long-term capital gain tax rate of zero. That’s correct – the tax on any long-term capital gains for taxpayers within the 10% or 15% tax bracket is zero!  This can provide you with the opportunity to sell some of your winner stocks and pay no tax on the resulting gain. Long-term capital gains apply to stocks and other capital assets you have owned for a year and a day or longer.  (more…)