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rich_dek
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My only income consists of social security. I sold a complete portfolio of stocks netting a $26000 capital gain. Turbo Tax has me paying 0Tax. Is it right?

 
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My only income consists of social security. I sold a complete portfolio of stocks netting a $26000 capital gain. Turbo Tax has me paying 0Tax. Is it right?

For those in the 10 and 15% tax brackets there is no tax on capital gains.

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My only income consists of social security. I sold a complete portfolio of stocks netting a $26000 capital gain. Turbo Tax has me paying 0Tax. Is it right?

For those in the 10 and 15% tax brackets there is no tax on capital gains.

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