topic On the15% capitol gains tax, is the tax figured in the catagory of income? in Get your taxes done using TurboTax

On the15% capitol gains tax, is the tax figured in the catagory of income?

Richard in Milwaukee — Tue, 10 Mar 2026 07:02:03 GMT

On the15% capitol gains tax, is the tax figured in the category of income?

TIA Richard

I found the answer on the IRS web site. Form 8949 and schedule D are the worksheets necessary. After the computation is complete the dollar amount is entered on line 7 of the 2021 form 1040.

Re: On the15% capitol gains tax, is the tax figured in the catagory of income?

OpeA1 — Wed, 16 Nov 2022 18:30:47 GMT

Looks like you answered your question: "I found the answer on the IRS web site. Form 8949 and schedule D are the worksheets necessary. After the computation is complete the dollar amount is entered on line 7 of the 2021 form 1040."

You are correct!