JamesG1
Expert Alumni

Get your taxes done using TurboTax

Many variables.  

 

Are taxpayers over age 65?  Are there itemized deductions or the standard deduction?  Does the $60,000 that is not a LTCG include qualifying dividends?  Does the LTCG report a collectible?  Is net investment income due?

 

A Qualified Dividends and Capital Gain Worksheet may report your gain at 0%, 15% and 20%.

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