Hello everyone! I was just wondering what my short term capital gains tax rate would be if I made capital gains of 400,000 in but I do not work? Thank you.
You will likely pay the same tax rate as if it were income, in that bracket. https://www.nerdwallet.com/blog/taxes/capital-gains-tax-rates/ https://www.nerdwallet.com/blog/taxes/federal-income-tax-brackets/