<prompt> Human: This question actually is more focused on the taxation of capital gains. I graduated from college earlier in the year, and started working a job a few months later around mid-year. Aside from that, I have both short term and long term capital gains from my investments.Since I only joined my tax bracket halfway through the year, would I still be paying the full amount of taxes on my profits form investments? As in, if I just joined the 25 bracket mid-year, would I be paying 25 in taxes for my short-term capital gains?Thank you!  <response>: Tax brackets are calculated on a per-year basis. At the end of the year when you file your taxes you total up all your income, your capital gains, your deductions, etc and then you calculate your tax liability for the year.Theres no such thing as joining a bracket mid-year really, all that matters is the totals for the year. 