@Boyan wrote:
Thank you so much for your reply. Just for my personal peace of mind, so if one's taxable income (after all deductions are taken out) is exactly $48,350 or above, then not a single penny of LTCG will be taxed at the 0% rate?
If total taxable income including the LTCG is equal to or less than $48,350, then the portion of the income that is LTCG is not taxed (the tax rate is zero, for single filing status). The other "regular" income will be taxed at the ordinary rate which is 10-12% at that level.
