Hal_Al
Level 15

Investors & landlords

Q. Unsure as if tax owed when social security income under $23k and profit from stock sale will be $25k?

A. You will not owe any income tax, but you are required to file an income tax return.

 

The capital gain raises you total income past the filing threshold, but the amount is still within the 0% long term capital gain rate bracket.