USA 0% Federal CGT

fc70

🗣️ Active Recruit
Aug 21, 2022
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This year I sold some rental properties in the USA, I will be a US‌ tax resident for 2022 due to meeting the substantial presense test. Can someone confirm that‍ if one's taxable income for the year (after the $12K standard deduction is applied) is⁠ under $40K the Federal CGT rate is 0% ? The state where the rental properties⁤ are located has their own CGT I believe but it's not very much.
 

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