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Investors & landlords
@ITExec - here is another calculator that may help as well: (scroll down to where the capital gains calculator is); it's the 2021 calculator, but it will be 'close enough'
https://www.nerdwallet.com/article/taxes/capital-gains-tax-rates
here is the 2022 capital gains bracket; you would take your IRA distribution less your standard deduction ($25,100 if you are both under 65 years old) and THAT will determine whether the capital gain begins in the 0% tax bracket and then bleeds into the 15% tax bracket
0% tax rate 15% tax rate 20% tax rate
Single | $0 to $41,675. | $41,676 to $459,750. | $459,751 or more. |
Married, filing jointly | $0 to $83,350. | $83,351 to $517,200. | $517,201 or more. |
Married, filing separately | $0 to $41,675. | $41,676 to $258,600. | $258,601 or more. |
Head of household | $0 to $55,800. | $55,801 to $488,500. | $488,501 or more. |