topic Are capital gains included in income if total income will be under the $90000 level for joint return, or does it not have to be included in income calculations? in Get your taxes done using TurboTax

Are capital gains included in income if total income will be under the $90000 level for joint return, or does it not have to be included in income calculations?

ejohnson62081 — Tue, 03 Feb 2026 07:38:55 GMT

Total income for year is 66000, including 16000 in capital gains. This amount of gains has dropped my refund amount by over 1500 but should not be taxed if income is under the approximately 90000 joint level that it is.

Re: Are capital gains included in income if total income will be under the $90000 level for joint return, or does it not have to be included in income calculations?

Bsch4477 — Thu, 27 Feb 2025 15:47:28 GMT

Capital gains are included in total income.

Re: Are capital gains included in income if total income will be under the $90000 level for joint...

JohnB5677 — Thu, 27 Feb 2025 15:52:36 GMT

Yes, you do have to post and include capital gains in your tax return.

The Adjusted Gross Income is used to determine if you qualify for the -0%- capital gain rate.

The AGI includes includes

wages,
tips,
interest,
dividends,
capital gains,
business income,
retirement income and
other forms of taxable income.

See the IRS publication Capital gains tax rates