Hal_Al
Level 15

Investors & landlords

No, not other taxes (plural). There's just federal and state income tax.

The federal income tax is applied at  special (lower) rates for long term capital gains (and "qualified" dividends).

TurboTax (TT) uses the IRS required "Qualified Dividends and Capital gains worksheet" to calculate the tax.  It can be complicated https://apps.irs.gov/app/vita/content/globalmedia/capital_gain_tax_worksheet_1040i.pdf