The exercise ran through Turbo Tax Premier 2020. This is not a pre-release or early release of turbo tax for 2021.
Whatever tax rate that is scheduled/define in the turbo tax, it's irrelevant.
They key points here are:
* Why/How Long Term Capital Gain increate AGI.
* Why/How Long Term Capital Gain tax rate is not what is published on 2020 Tax Table for LTCG, which should be 15%.
If anyone who has TTax Premier 2020 try out this exercise and have different result than mine, please share. I'd love/happy to know what I did wrong.
