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:.
Note: Net short-term capital gains are subject to taxation as ordinary income at graduated tax rates. 1  The taxable part of a gain from selling section 1202 qualified small business stock is taxed at a maximum 28% rate. 2  Net capital gains from selling collectibles (like coins or art) are taxed at a maximum 28% rate.