20 ways to get capital-gains tax break
If you’re a stock or mutual-fund investor, then you probably know that investments held for more than a year and sold for a profit are subject to lower tax rates as long-term capital gains. Generally speaking, if you’re in the 25% tax bracket or higher, you will owe 15% of your profits to the Internal Revenue Service. If you’re in the upper-income category, you may owe the maximum 20% rate for 2013 and beyond.