- Inflation adjustments boosted the long-term capital gains tax brackets for 2023, which apply to investments owned for more than one year.
- This means it takes more income to reach the 15% or 20% brackets and you may owe 0% capital gains taxes for 2023, depending on your income.
- With taxable income below thresholds, you can sell profitable assets without tax consequences.
Written By: Kate Dore, CFP®
Published By: www.cnbc.com