rjs
Level 15
Level 15

Investors & landlords

Attached below is a chart of the tax rates on qualified dividends and long-term capital gain for 2020. You can use this to figure out the answer to your question. The taxable income in the chart is total taxable income, including ordinary income and qualified dividends and long-term capital gain. To calculate the tax, the qualified dividends and long-term capital gain are "stacked" on top of ordinary income. So if your taxable income is above the top of the 0% bracket in the chart, some or all of the qualified dividends and long-term capital gain will be in the 15% bracket.


To open the attachment, click the little download icon to the right of the file name. Clicking the file name will give you a blank preview window.