Page 29 - Tax Amendment Return - Individuals
P. 29

// LONG-TERM CAPITAL



        GAINS RATES






  Long-t erm Capit al Gains rat es




         Filing Status 0% rate:                                15% rate:                     20% rate:


                                Taxable income  Taxable income  Taxable income


         Married filing  $0 to $80,000                         $80,001 to                    $496,601 and

                     jointly                                   $496,600                      over



         Married filing  $0 to $40,000                         $40,001 to                    $248,301 and
              separately                                       $248,300                      over



                Heads of  $0 to $53,600                        $53,601 to                    $469,051 and

              household                                        $469,050                      over



                     Single $0 to $40,000                      $40,001 to                    $441,451 and

                                                               $441,450                      over


              Trusts and  $0 to $2,650                         $2,651 to $13,150 $13,151and over


                   Estates


  All rates mentioned above are applicable for Tax Year   2020


  only


  https://lentcpa.com
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