| For tax years 2009 and 2010, long-term capital gains taxes are eliminated for some low- and moderate-income individuals. This zero-tax break will end Jan. 1, 2011, when all capital gains rates revert to pre-2003 levels, unless Congress extends the current law. | |||
| Ordinary income
tax bracket |
Long-term capital gains rate by tax year | ||
| 2007 | 2008, 2009 and 2010 | 2011 | |
| 10 percent | 5 percent | 0 percent | 10 percent |
| 15 percent | 5 percent | 0 percent | 10 percent |
| 25, 28 and 35 percent | 15 percent | 15 percent | 20 percent |
