I'm confused with your example of both Long Term and Short Gains of $300 is entered fully on Line 7 on Form 1040. If TP is in the 15 % Cap Gains tax bracket of MFJ incomes of $80,001 to $496,600, shouldn't it be $100 ST as ordinary income plus $30 LT ($200 x 15%= $30) or $130 entered on line 7 on Form 1040 ?
