There are two capital gains tax categories with different tax brackets - short term and long term

Long term investments pay less in taxes - these are investments that you typically hold for longer than one year. Short term investments are taxed at your regular income rate. Let's break down what the capital gains tax brackets look like, the income cut-offs, and more below. You can see how these compare to the regular Federal tax brackets here. #socialmediaplatformsforcrypto, #socialmediaplatformsforbusiness, #socialmediaplatformsformetaverse, #bestsocialmediaplatformforcrypto, #socialmediaplatformsforcryptomarketing