Historical Capital
Gains Tax Rates Data
This table shows the Maximum capital gains tax rate history plust top
federal income tax rates since 1916
| Year |
Top Regular Rates |
Max.
Capital Gains Rate |
Capital
Gains Taxation Notes |
| Wages & Other Earned Income |
Unearned
Income Except Cap Gains |
Above
Joint Taxable Income of |
| |
|
|
|
|
|
| 1916 |
15% |
15% |
$2,000,000 |
15% |
Realized
gains taxed same as other income |
| 1917 |
67% |
67% |
$2,000,000 |
67% |
|
| 1918 |
77% |
77% |
$1,000,000 |
77% |
|
| 1919-21 |
73% |
73% |
$1,000,000 |
73% |
|
| 1922 |
58% |
58% |
$200,000 |
12.50% |
Maximum
rate |
| 1923 |
43.50% |
43.50% |
$200,000 |
12.50% |
|
| 1924 |
46% |
46% |
$500,000 |
12.50% |
|
| 1925-28 |
25% |
25% |
$100,000 |
12.50% |
|
| 1929 |
24% |
24% |
$100,000 |
12.50% |
|
| 1930-31 |
25% |
25% |
$100,000 |
12.50% |
|
| 1932-33 |
63% |
63% |
$1,000,000 |
12.50% |
|
| 1934-35 |
63% |
63% |
$1,000,000 |
31.50% |
Sliding
exclusion of 70%>10yrs 0% <1 yr. |
| 1936-37 |
78% |
78% |
$2,000,000 |
39% |
|
| 1938-40 |
78% |
78% |
$2,000,000 |
30% |
Excl.
50%>2yrs; 67% 18-24mo; 0%<18mo; 30%Max |
| 1941 |
80% |
80% |
$2,000,000 |
30% |
|
| 1942-43 |
88% |
88% |
$200,000 |
25% |
Exclusion
50% > 6 months; 25% maximum |
|
| 1944-45 |
94% |
94% |
$200,000 |
25% |
|
| 1946-47 |
86.50% |
86.50% |
$200,000 |
25% |
|
| 1948-49 |
82.10% |
82.10% |
$200,000 |
25% |
|
| 1950 |
84.40% |
84.40% |
$200,000 |
25% |
|
| 51-64 |
91% |
91% |
$200,000 |
25% |
|
| 64-67 |
70% |
70% |
$200,000 |
25% |
|
| 1968 |
75.30% |
75.30% |
$200,000 |
26.90% |
Transition |
| 1969 |
77% |
77% |
$200,000 |
27.50% |
|
| 1970 |
50% |
70% |
$200,000 |
32.30% |
|
| 1971 |
50% |
70% |
$200,000 |
34.30% |
|
| 1972-75 |
50% |
70% |
$200,000 |
36.50% |
50%
exclusion - minimum tax effects |
| 1976-77 |
50% |
70% |
$203,200 |
39.90% |
|
| 1978 |
50% |
70% |
$203,200 |
39% |
|
| 1979-80 |
50% |
70% |
$215,400 |
28% |
60%
exclusion |
| 1981 |
50% |
70% |
$215,400 |
23.70% |
50%
or 60% exclusion |
| 1982-86 |
50% |
50% |
$215,400 |
20% |
60%
exclusion |
| 1987 |
38.50% |
38.50% |
$192,930 |
28% |
Maximum
rate |
| 1988-90* |
28%/33% |
28%/33% |
* |
28%/33% |
Realized
gains taxed same as other income |
| 1991-92 |
31.90% |
31.90% |
$82,150 |
28.90% |
Maximum
rate |
| 1993-96 |
43.70% |
40.80% |
$250,000 |
29.20% |
|
| 1997-2000 |
43.70% |
40.80% |
$275,000 |
21.20% |
|
| 2001 |
43.20% |
40.30% |
$297,350 |
21.20% |
|
| 2002 |
42.70% |
39.80% |
$307,050 |
21.20% |
18%
top capital gains rate in rare cases |
| 2003-05 |
39.00% |
36.10% |
$311,950 |
16.10% |
Reduced
maximum rate which also applied to
dividends |
| 2006-07 |
38.60% |
35.70% |
$336,550 |
15.70% |
|
| 2008-09 |
38.30% |
35.40% |
$357,700 |
15.40% |
|
| 2010-12 |
37.90% |
35.00% |
$373,650 |
15% |
|
| 2013-on |
44.60% |
44.60% |
$396,100 |
25% |
21.2%
income tax plus 3.8% Medicare tax; also on dividends |
|
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Federal - Capital Gains Tax Rates - Historical Data
