I have completed my TurboTax 1040. Filing Married - Joint. My tax bracket is 22%. My taxable income is less than $165K, so Long Term Capital Gain Tax should be calculated at 15%, correct?
I am using the 1099-DIV provided by my broker. When I remove the Long-Term Capital Gain reported on the 1099-DIV, then add it back in, my tax liability increases by 30%, not 15%.
