its a lot more complicated because there are stages at which LTCG gets taxed a 0% and tax rates are incremental some income gets taxed at lower rates additional income gets taxed at higher rates. . an estimate would be that $15,000 of LTCG would be taxed at 0%, the other $105,000 at 15%. your taxable distribution is reduced by the standard deduction so you are taxed on only $24,000. about $9500 gets taxed at 10% with the balance taxed at 12% (it's like capital gains are ignored when computing taxes on ordinary income)
