Hi @FangxiaL,
I just did an experiment in TT: I added a new stock sale (loss) which offsets the total capital gains to ZERO.
I get the amount of tax I need to pay. Then I added another new stock sale with a capital gain of $10,000.
I get another amount of tax I need to pay. The difference in tax between ZERO capital gain and $10k capital gain becomes $2,880, which means tax rate of 28.82%. In Form 8949, Box F in Part II is checked and Schedule D also indicates it's Long-Term Capital Gain. Why I'm not paying long term capital gain tax?
