There is both short term and long term capital gain taxes in the US. For some reason I was thinking you had to hold it for more than one year but apparently it'

There is both short term and long term capital gain taxes in the US. For some reason I was thinking you had to hold it for more than one year but apparently it's one. If you hold the asset for longer than a year the tax rate on it is either 0%, 15%, or 20% depending on your tax bracket