Capital Gains Tax Increases

Based on current law taxpayers will be required to pay more taxes on their capital gains beginning in 2013.

Here are the tax rate changes for single filers with incomes over $200,000 per year.

  Current January 2013
Conventional Short-Term 35.0% 43.4%
Conventional Long-Term 15.0% 23.8%
AMT Short-Term 28.0% 31.8%
AMT Long-Term 15.0% 23.8%

For people with incomes under $200,000 per year, deduct 3.8% from the 2013 rate.  The added 3.8% is a surtax created by the new health care law.


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