topic Can you get tax advice with turbo tax? in Get your taxes done using TurboTax

Can you get tax advice with turbo tax?

rlowry60 — Tue, 24 Feb 2026 07:38:36 GMT

Re: Can you get tax advice with turbo tax?

xmasbaby0 — Wed, 25 Oct 2023 12:37:49 GMT

Are you trying to prepare a tax return? What sort of advice are you seeking? Here in the user forum we can help with most questions about income tax returns or using the software. If you have questions of that nature, post them clearly and specifically without any personal information. If you are alluding to tax "planning" -- please explain what you are trying to do.

Re: Can you get tax advice with turbo tax?

rlowry60 — Wed, 25 Oct 2023 21:34:20 GMT

I'm building a house and will be selling stocks with significant capital gains. This will put me in a tax bracket I never imagined. I understand putting money aside from the stock sales to pay capital gains taxes but I don't know about other taxes I will pay from being in the higher bracket. I typically get a modest refund each year.

Re: Can you get tax advice with turbo tax?

rlowry60 — Thu, 26 Oct 2023 00:40:50 GMT

Let me clarify a little better. Please let me know if this is correct. Long term capital gains are taxed at a rate based on AGI, correct?. Long term capital gains cannot push me into a higher tax bracket, correct? My federal income tax does not include income from the long term capital gains, correct?

Re: Can you get tax advice with turbo tax?

Bsch4477 — Thu, 26 Oct 2023 01:03:06 GMT

1. Long term capital gains tax is not taxed on your AGI but is based on your taxable income.
2. Long term capital gains can, however, put you in a higher tax bracket since those gains are included in your AGI.
3. Your federal tax incudes tax on your regular income at your marginal tax rate and.tax on your capital gains at your taxable income rate. State tax may be calculated differently.