yhuang60
Returning Member

After you file

I did a search on-line using "In 2023, how much taxable income a married couple can have maximum without paying any taxes on long-term capital gains" and from bankrate.com came the following:

Long-term capital gains tax rates for the 2023 tax year
  
FILING STATUS 0% RATE 20% RATE
Married filing jointlyUp to $89,250Over $553,850

 

The only input I entered into TurboTax to get this correctly is only if either of them or both of them is/are 65 and older. But according to the the above data, it should also apply to other couples younger than 65.