Capital Gains Tax on $320,000 (Long-Term, 2025)
2025 IRS data — updated for current tax year
Gain Amount
$320,000
Long-Term Rate
15.00%
Tax Owed
$48,000
Net Proceeds
$272,000
Key Facts
- Long-term gains (assets held over 12 months) qualify for a preferential 15.00% rate versus ordinary income rates up to 37%.
- At $320,000 in capital gains, a single filer with no other income pays $48,000, keeping $272,000.
- The same gain taxed short-term would cost $76,297 — $28,297 more.
- Married filing jointly filers stay at the 0% rate until gains exceed $94,050 in 2025.
$320,000 Long-Term Gain — All Filing Statuses
| Filing Status | Rate | Tax Owed | Net Proceeds |
|---|---|---|---|
| Single | 15.00% | $48,000 | $272,000 |
| Married Filing Jointly | 15.00% | $48,000 | $272,000 |
| Married Filing Separately | 20.00% | $64,000 | $256,000 |
| Head of Household | 15.00% | $48,000 | $272,000 |
Long-Term vs Short-Term Comparison ($320,000)
| Type | Tax Owed | Net Proceeds | Savings |
|---|---|---|---|
| Long-Term (>12 months) | $48,000 | $272,000 | $28,297 |
| Short-Term (≤12 months) | $76,297 | $243,703 | — |