What are the new long-term capital gain rates (and “qualified dividend) rates in 2013? The 0% and 15% rates remain in place for taxpayers not exceeding the following thresholds:
- $450,000 if married filing jointly
- $400,000 if unmarried
- $11,950 for estates & trusts
For those exceeding these thresholds the long-term capital gain rate is now increased to 20%. Note that “qualified” dividend tax rates continue to be taxed at long-term capital gain rates, and therefore, follow these same rules. But there’s more…a future post will explain the new 3.8% Medicare tax.
