My AGI is $72, 411 and my taxable income $48,011, what is my Long term capital gains rate and tax bracket if MFJ? Are cap gains based on taxable income?

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My AGI is $72, 411 and my taxable income $48,011, what is my Long term capital gains rate and tax bracket if MFJ? Are cap gains based on taxable income?

As your taxable income is less than $78,750, your long-term capital gain is taxed at 0%.

Please read this IRS document for more information.

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My AGI is $72, 411 and my taxable income $48,011, what is my Long term capital gains rate and tax bracket if MFJ? Are cap gains based on taxable income?

As your taxable income is less than $78,750, your long-term capital gain is taxed at 0%.

Please read this IRS document for more information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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