An example of a flight data recorder; the underwater locator beacon is the small cylinder on the far right. (Translation of warning message in French: FLIGHT RECORDER DO NOT OPEN) The warning appears in English on the other side.
1 Long-term gains are treated much better. 2  Long-term gains are taxed at 15% or 20% except for taxpayers in the 10% or 15%t bracket. 3  For low-bracket taxpayers, the long-term capital gains rate is 0%. 4  There are exceptions, of course, since this is tax law:.
1 Even if you have to pay taxes to the foreign country where you live and work during this time, you may be able to get a credit for them on your U.S. tax return, he adds.  Income from long-term capital gains is not taxed as federal income, but at a lower capital gains rate. That rate can actually be zero for those in the 10 percent or 15 percent tax brackets, Scharin says. A married couple with adjusted gross income below $72,500 and single taxpayers below $36,250 might pay no tax on net capital gains.