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If I'm In the 15% Tax bracket, what percent do I pay on a capitol gains that I owned 20+ yrs and wrth 100,000


If I'm In the 15% Tax bracket, what percent do I pay on a capitol gains that I owned 20+ yrs and wrth 100,000

If you're in the 15% bracket, long-term capital gains are taxed at 5%.Do you mean you have a $100,000 capital gain? If so, you will pay 5% on part of it, but I believe that the rest will be at 15%.

If what you sold was worth $100,000, my comment still applies. For example, I just put your situation into Turbo Tax, assuming that was your only income. It calculated a tax due of $11,173 after allowing standard deduction, 1 exemption, and 5% on part of the gain (which would be less than $5,000),
15% on the rest.
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