Deductions & credits


@sharona2u2 wrote:

If your taxable income is less than 92,000 for 2024 taxes then capital gains would be 0%.  If over that amount it would go to 15%, am I reading that correct?


Yes, but the income still stacks.  If your total income including capital gains is <$92,000, the capital gains portion will be zero.  But if your other income is <$92,000 and capital gains puts it over that threshold, the amount over $92,000 is taxed.