[20210604]IF11812_死亡时资本利得的税务处理.pdf

https:/crsreports.congress.gov Updated June 4, 2021Tax Treatment of Capital Gains at DeathWhen an asset is sold that has appreciated in value, such as a share of stock, the gain is taxed at rates of 0%, 15%, or 20%, with the top rate applying in 2021 when incomes exceed $501,600 for a joint return and $445,850 for a single return. These income levels are adjusted for inflation. The rates apply to an asset held for at least one year (referred to as long-term capital gains); otherwise, gains are subject to ordinary rates (the top rate is 37%). An additional 3.8% tax applies to capital gains (as well as other passive income) when incomes reach $250,000 for a joint return and $200,000 for a single return. Capital gain subject to tax is the difference between the sales price and the basis of the asset. For most assets (such as stocks), the basis is the price paid for the asset. In the case of depreciable assets, the basis is lower than the acquisition cost due to depreciation. The part of the gain attributable to depreciation taken is taxed at ordinary rates. See CRS Report 96-769, Capital Gains Taxes: An Overview, by Jane G. Gravelle for further discussion. Currently, the capital gain