What is the $96,700 "income limit" that you are referring to? Do you mean the top of the 0% bracket for qualified dividends and long-term capital gains? It is $96,700 for 2025. For 2024 it's $94,050.
The brackets apply to your total taxable income, including short-term and long-term capital gains. Taxable income is your total income minus adjustments and either the standard deduction or itemized deductions. Taxable income is on Form 1040 line 15.
