@John-AG wrote:
Nased on what I read, I think this threshold you mentioned are for 2019. 2022 uses $78K as the ceiling.
No. If you are single, any income that would normally be in the 10% or 12% regular income tax bracket would have a zero percent long term capital gains rate. If your regular income places you in the 22% tax bracket, then your long term capital gains are taxed at 15%. The top of the 12% bracket for 2022 is $41,675, then you can add your itemized deductions or your standard deduction of $12,950. So if your gross income is more than $54,625, your long term capital gains will be taxed at 15%.
https://www.forbes.com/advisor/taxes/capital-gains-tax/
