- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
I did not understand how Capital Gains and Regular Income were treated. However, I did find a great tool on NerdWallet that helped me: https://www.nerdwallet.com/article/taxes/capital-gains-tax-rates
It looks like there is just a little difference in the tax amounts for my exact situation. The benefit of $0 tax on the capital gain goes away after $47,025 and is offset by the better deduction of married filing jointly. Just taking into account income and capital gains the tax difference is less that $1,000.
‎February 26, 2025
11:17 AM