Hal_Al
Level 15

Investors & landlords

Q.   Is there still a room for $20,325 of capital gain in the 0% bracket for me? 

A. Yes.  The first $20, 325 will be taxed at 0%

 

Q.  Am I eligible I wonder?  

A.  Yes. Higher total and taxable income, because of the taxable gain,  does not reduce the amount taxed at 0%. If your taxable income gets above $459,750 (Single), the capital gains rate goes from 15% to 20% (on the amount over $459,750).

 

$24,300 of the capital gain will be subject to the  net investment income tax (3.8%), effectively taxing it at 18.8% (15 + 3.8).  https://www.nerdwallet.com/article/taxes/capital-gains-tax-rates