0% Capital Gains Tax Rate

Here's a great planning tip to get a 0% capital gains tax rate.  The current long-term capital gains rate is 15%.  For those taxpayers with taxable income in the 10% or 15% brackets, the long-term capital gains rate drops to zero percent.  Who is fits in the 10% or 15% tax brackets?  A married couple with taxable income under $69,000 (that's gross income less your standard or itemized deductions and less personal exemptions).  Single individuals with taxable incomes under $34,500 would also qualify for the 0% rate.

If your income fits in these thresholds and you currently owns stocks with long-term capital gains.  You should consider taking advantage of the 0% long-term capital gains rate while it is available.