TurboTax is not calculating the 2025 long term capital gain brackets.

[aballestin]

TurboTax is not calculating the 2025 long term capital gain brackets.

Capital gains tax rates

Net capital gains are taxed at different rates depending on overall taxable income, although some or all net capital gain may be taxed at 0%. For taxable years beginning in 2025, the tax rate on most net capital gain is no higher than 15% for most individuals.
A capital gains rate of 0% applies if your taxable income is less than or equal to:

• $48,350 for single and married filing separately;
• $96,700 for married filing jointly and qualifying surviving spouse; and
• $64,750 for head of household.

How can I add this IRS to my 2025 tax return?

[DavidD66]

Can you clarify and state what your are seeing (and where) that leads you to believe that TurboTax is not calculating the 2025 tax brackets? 

[mesquitebean]

Also, if you are using the desktop version, go into Forms Mode, and in the left column list of forms choose the Qualified Dividends and Capital Gains Tax Worksheet (may be abbreviated as Cap Gains Wks) and review the calculation on it.   You can also review the Schedule D, and if applicable, Form 8949.

When you report back, please describe exactly what you are doing and where, as Tax Expert @DavidD66 requested above.  Be aware this is a public Internet forum, so do NOT post any personal info here.

[aballestin]

I am filing my 2025 tax return (married-jointly), we have a $72,000.- long term capital gain, according to IRS rule, it should have a rate of 0%, up to $96,700.-

Turbotax is calculating a rate of 15%.

[mesquitebean]

---

@ aballestin wrote:

I am filing my 2025 tax return (married-jointly), we have a $72,000.- long term capital gain, according to IRS rule, it should have a rate of 0%, up to $96,700.-

Turbotax is calculating a rate of 15%.

---

I'm a fellow user, not a tax expert, but hopefully TurboTax @ DavidD66 will return to the thread to help explain what you are experiencing.   But in the interest of time, I'll ask you a couple of questions that will help him.

The rates used for long-term capital gains calculation, including how much (if any) can be taxed at 0%, do not go solely by the amount of the gains, but also depends on one's overall taxable income.  Approximately how much additional taxable income do you have over and above the L.T. capital gains?  i.e., what is the approx. total of the LT cap gains and the rest of your taxable income?  or more simply, what is the approximate amount of the taxable income shown on Form 1040, Line 15?   You can use a general approximate number  as an example; this is a public Internet forum.

If using the desktop version, did you look in Forms Mode at the Qualified Dividends and Capital Gains Worksheet as I suggested above to see how it's being calculated?   That worksheet starts off with the amount of taxable income from the Form 1040, Line 15, then calculates how much is taxable at 0%, how much is taxable at 15%, etc..

And what type of taxable LT gain is this?   Is it from sale of stocks, bonds, or some other asset?    Is it from a Form 1099-B?