Hi MaryB555tax,
That's a great question, but with that level of taxable capital gain income, and NOT knowing what your other taxable income OR loss would be in this situation, nor whether you are SINGLE or married, it would be initially assumed you would be within the 20% Tax Rate for Long-Term Capital Gains with a tax of $280,000 if: Taxable Income of all amounts exceeds:
$459,751 or more - SINGLE
$517,201 or more - MARRIED, FILING JOINTLY
$258,601 or more - MARRIED, FILING SEPARATELY
$488,501 or more - HEAD OF HOUSEHOLD
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