Capital Gains Tax on $1,500,000 (Short-Term, 2025)
2025 IRS data — updated for current tax year
Gain Amount
$1,500,000
Short-Term Rate
20.00%
Tax Owed
$300,000
Net Proceeds
$1,200,000
Key Facts
- Short-term gains (assets held 12 months or less) are taxed as ordinary income — at this amount, the effective rate is 33.76%.
- At $1,500,000 in capital gains, a single filer with no other income pays $506,470, keeping $993,530.
- The same gain held over a year would qualify for long-term rates — saving $206,470.
- Married filing jointly filers stay at the 0% rate until gains exceed $94,050 in 2025.
$1,500,000 Short-Term Gain — All Filing Statuses
| Filing Status | Rate | Tax Owed | Net Proceeds |
|---|---|---|---|
| Single | 33.76% | $506,470 | $993,530 |
| Married Filing Jointly | 31.20% | $467,963 | $1,032,038 |
| Married Filing Separately | 34.10% | $511,481 | $988,519 |
| Head of Household | 33.46% | $501,957 | $998,043 |
Long-Term vs Short-Term Comparison ($1,500,000)
| Type | Tax Owed | Net Proceeds | Savings |
|---|---|---|---|
| Long-Term (>12 months) | $300,000 | $1,200,000 | $206,470 |
| Short-Term (≤12 months) | $506,470 | $993,530 | — |