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How to exclude long term capital gains from taxable income?
The Qualified Dividends and Capital Gain Tax Worksheet in TurboTax seems to always include long term capital gains from Schedule D. How can I ensure I pay 0% tax on these long term gains based upon our income being well below $94,050:
A capital gains rate of 0% applies if your taxable income is less than or equal to:
- $94,050 for married filing jointly
Source: https://www.irs.gov/instructions/i1040gi#en_US_2024_publink100020245
‎February 14, 2025
2:51 PM