Anonymous
Not applicable

Should one not have income during the year you have realized large capital gains

Can some one please tell me which tax bracket will be my income (Roth conversion) of $36,000 if I went ahead and take long term capital gain if $120k in the same year (not counting standard deduction) ,I am looking at the tables at the end of this article and wanted clarification  :

 

1) is it still 12 % for single filer or

2) the $35 k income is going to be in the 24% bracket while my LTCG is still at 15%

 

thanks for your replies .