I’d like to know how my crypto gains will be taxed if I’m already a high income earner. For the sake of ease, let’s say I’m married filing jointly and earn from all income sources $364,200, the cap of the 24% tax bracket. However, I sell crypto and make long term capital gains of $90,000. I’ll pay 15% on those gains, but will this 90k also count toward my total income, pushing my income to $454,200, making all of the 90k taxed at the next tax bracket up at 35%? A double tax? Also, in this scenario, how do I calculate the net investment income tax (NIIT) of 3.8%, which is applied to us after 250k. Thanks for sorting this out!
