how much capital gains tax will have to pay when i sell my house
Currently, long-term capital gains may be taxed at 5%, 15%, 25% or 28% or a combination of rates. The long-term capital gains tax is, generally, much lower than what you pay on your regular income. The most common tax bracket for capital gains made in more than one year but less than two is 15%.Very few qualify for the 5% level or are pushed into the higher levels.Short-term capital gains (gains made in less than one year) are taxed at the same rate as ordinary income.he long-term capital gains tax is, generally, much lower than what you pay on your regular income. The most common tax bracket for capital gains made in more than one year but less than two is 15%.