has anyone seen info on capital gains rates? I'm searching but not finding any info. Wondering if they are keeping the low rates 15% and 0% for long-term gains.
The section below seems to cover it.
(b) APPLICATION OF CURRENT INCOME TAX BRACKETS TO CAPITAL GAINS BRACKETS.—
(1) IN GENERAL.—
(A) 0-PERCENT CAPITAL GAINS BRACKET.—Section 1(h)(1) is amended by striking
‘‘which would (without regard to this paragraph) be taxed at a rate below 25 percent’’ in subparagraph (B)(i) and inserting ‘‘below the 15-percent rate threshold’’.
(B) 15-PERCENT CAPITAL GAINS BRACKET.—Section 1(h)(1)(C)(ii)(I) is amended by striking ‘‘which would (without regard to this
paragraph) be taxed at a rate below 39.6 percent’’ and inserting ‘‘below the 20-percent rate threshold’’.
(2) RATE THRESHOLDS DEFINED.—Section 1(h) is amended by adding at the end the following new paragraph:
‘‘(12) RATE THRESHOLDS DEFINED.—For purposes of this subsection—
‘‘(A) 15-PERCENT RATE THRESHOLD.—
The 15-percent rate threshold shall be—
‘‘(i) in the case of a joint return or surviving spouse, $77,200 (1⁄2 such amount
in the case of a married individual filing a separate return),
‘‘(ii) in the case of an individual who is the head of a household (as defined in
section 2(b)), $51,700,
‘‘(iii) in the case of any other individual (other than an estate or trust), an
amount equal to 1⁄2 of the amount in effect for the taxable year under clause (i), and
‘‘(iv) in the case of an estate or trust, $2,600.
‘‘(B) 20-PERCENT RATE THRESHOLD.—
The 20-percent rate threshold shall be—
‘‘(i) in the case of a joint return or surviving spouse, $479,000 (1⁄2 such amount in the case of a married individual filing a separate return),
‘‘(ii) in the case of an individual who is the head of a household (as defined in 3 section 2(b)), $452,400,
‘‘(iii) in the case of any other individual (other than an estate or trust), $425,800, and
‘‘(iv) in the case of an estate or trust, $12,700.