The actual bottom line of this analysis is that you can have $4850 of qualified dividends only
and pay no tax under TCGA. I don't see this anywhere written but it's true.
You subtract $1100 for the standard deduction and another $3750 = $2650 + $1100
as described in https://www.irs.gov/pub/irs-pdf/i8615.pdf on page 3, right column, line 1
and boom no tax.
Like i said, this goes away next year it seems.
... but no, not higher wizardry required to understand.
