Capital Gains Rates
The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent). The Combined Rate also accounts for New Mexico permitting of a 50% State deduction of Federally taxable capital gains.
Tied to federal tax system, plus an additional $2,500 if federal AGI is equal to or less than $36,667 (single) or $55,000 (married filing jointly).
Investor's Guidebook to Fractional 1031 Replacement Properties