Thank you for taking the time to answer my question. Your answer was very confusing. I am a single 67 year old retired man with no other income other than the $36,000 dollars LTCGs and a $4000 dollar RMD on an inherited IRA. My LTCG rate is still zero because of this and with my single standardized deduction along with my deductions for being over 65 , my current federal income tax is also zero.. I have made no withdrawals from my IRA or 401 k this year. I did have $20,000 cash in my brokerage account at the beginning of the year. I have been able to pay all of my living expenses this year with these assets on a $5400/ month budget.
