Question 1

What is the difference between short-term and long-term capital gains?

Accepted Answer

Short-term gains (assets held 1 year or less) are taxed at your ordinary income rate (10-37%). Long-term gains (held over 1 year) enjoy preferential rates of 0%, 15%, or 20% depending on your income bracket.

Question 2

What are the 2025 long-term capital gains brackets?

Accepted Answer

For single filers in 2025: 0% up to $48,350 taxable income, 15% from $48,351 to $533,400, and 20% above $533,400. Married filing jointly: 0% up to $96,700, 15% up to $600,050, 20% above.

Question 3

Is crypto taxed as capital gains?

Accepted Answer

Yes. The IRS treats cryptocurrency as property. Selling crypto for a profit, trading one crypto for another, or using crypto to buy goods triggers a taxable capital gain or loss.

Question 4

Can I deduct capital losses?

Accepted Answer

Yes. Capital losses offset capital gains dollar-for-dollar. If losses exceed gains, you can deduct up to $3,000 per year against ordinary income and carry forward the rest.

Rate	Single	Married Joint	Head of Household
0%	$0 – $48,350	$0 – $96,700	$0 – $64,750
15%	$48,351 – $533,400	$96,701 – $600,050	$64,751 – $566,700
20%	$533,401+	$600,051+	$566,701+
Short-term = ordinary income brackets (10%, 12%, 22%, 24%, 32%, 35%, 37%)

📈 Investment Details

💰 Results

📊 2025 Federal Capital Gains Brackets