Capital Gains Harvesting Chart

Long-term capital gains rates increased in 2013 from 15% to 20% for those individuals in the top tax bracket. In addition, many high-income taxpayers may be subject to the 3.8% tax on net investment income and phase-outs of deductions against income. Given the varied tax rates, many taxpayers who expect their rates to increase may realize a tax benefit by accelerating realization of capital gains. Use this chart as a starting point for analyzing whether to harvest capital gains in