The IRS announced a raft of changes to tax rules for tax year 2026 on Thursday, including higher brackets for capital gains tax. A quick reminder of how these work. If you sell an investment you hold in a taxable account for more than you paid for it, you realize a capital gain. Profits on investments you've held for a year or less are taxed at your regular income tax rate (the IRS announced boosts to those brackets , too). Profits on assets you've held for longer than a year are subject to the