Strategies for capturing a 0% capital gains tax rate
The US tax code gives preferential tax treatment for capital gains. In 2021, the 0% capital gains tax bracket for married filers goes all the way up to $80,800 of taxable income (and half that for individual filers). This provides a lot of planning opportunities especially for individuals that are in a position to control what their taxable income is in a given year. We discuss the basics of this concept with a few examples in this short video.