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Investors & landlords
@Pran wrote:
As per the investopedia, I see that (for 2021), if the gains are under $80800, then the tax rate is 0%. Can any one please confirm if that’s the case?
The figure you quoted, and the 0% rate, is based upon your taxable income and filing ststus so you need to take any other income (e.g., wages, interest, etc.) into account.
If you read the page on the site you mentioned carefully, you will note the part about "taxable income".
December 25, 2021
7:00 AM
1,482 Views