Thank you! For capital gains, is my understanding correct, that my tax liability is $0, per the Capital Gains Tax Rate of 2024, which is 0% tax rate for capital gains up to $47,025?
So is the tax liability of $800 based on the ordinary dividends of $29K, less the standard deduction of $14600? So is the tax of $800 calculated based on $14400 (i.e. $29K less $14600)?
