jxchari
New Member

Investors & landlords

im selling my house it is over a year and less then 2years which is long term capital gain. Total married filing 65000.00. I made profit 100k. Does this need to be added to my income which is 165k? if so looks like tax bracket for income is 12%, however I see our income is under $77,200 which is 0% tax on capital gain. Can anyone explain this please