How to exclude long term capital gains from taxable income?

[dwthomas00]

The Qualified Dividends and Capital Gain Tax Worksheet in TurboTax seems to always include long term capital gains from Schedule D. How can I ensure I pay 0% tax on these long term gains based upon our income being well below $94,050:

A capital gains rate of 0% applies if your taxable income is less than or equal to:

• $94,050 for married filing jointly

Source: https://www.irs.gov/instructions/i1040gi#en_US_2024_publink100020245

[fanfare]

TurboTax knows how to calculate your tax based on schedule D and your AGI.

There is nothing to be done.

@dwthomas00 

[mesquitebean · Accepted solution]

@dwthomas00 

You can double-check this way:

If you are using desktop TurboTax, you can go into Forms Mode and look at Line 9 of the Qualified Dividends and Capital Gain Tax Worksheet.   You will see an annotation on Line 9 that says "This amount taxed at 0%."