The conversation between human and AI assistant.
How are capital gains taxed for the lowest tax bracket?
And what are the capital gains tax rates for other income levels?
For individuals with taxable incomes above $40,000 for single filers and $80,000 for married filing jointly, the capital gains tax rates vary depending on their income level. For example, for individuals with taxable income between $40,001 and $441,450, the capital gains tax rate is 15%.