Solved: See this TurboTax article for answers to upgrades: <a rel...

kato5665 · Jun 7, 2019 3:59:56 PM

My ordinary income (total taxable income without capital gains) is less then $36,650 (single). Everything I have read says therefore my tax rate on capital gains is zero. I have $1,000,000 of LT cap gains. When I use "Qualified divs & cap.gains Worksheet" it shows I have to pay income taxes. What is wrong with my thinking that I should not have to pay taxes on these gains? Thanks.

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Taxation of long term capital gains

See this TurboTax article for answers to upgrades: <a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/tax-tips/home-ownership/home-improvements-and-your-taxes/L6IwHGrx6">http...>

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