A portion of your long term capital gains will be taxed at 0% and the balance at 15%. Based on 2019 tax rates and standard deduction, if you are married filing jointly under the age of 65 and you take the standard deduction of $24,400, $35,600 of your $60,000 of ordinary income is taxable at ordinary income tax rates. You add your capital gains to your taxable ordinary income. When the sum of those two reaches $78,750, the portion of that amount from capital gains or $43,150 is taxed at 0%. The balance of $6,850 above $78,750 is taxed at 15%.
