topic TurboTax doesn't seem to be calculating long term capital gains correctly. It tells me that everything is being taxed at 20%. in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/turbotax-doesn-t-seem-to-be-calculating-long-term-capital-gains-correctly-it-tells-me-that/01/3548152#M120957 Tue, 03 Feb 2026 16:33:44 GMT jritterrun 2026-02-03T16:33:44Z TurboTax doesn't seem to be calculating long term capital gains correctly. It tells me that everything is being taxed at 20%. https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/turbotax-doesn-t-seem-to-be-calculating-long-term-capital-gains-correctly-it-tells-me-that/01/3548152#M120957 Tue, 03 Feb 2026 16:33:44 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/turbotax-doesn-t-seem-to-be-calculating-long-term-capital-gains-correctly-it-tells-me-that/01/3548152#M120957 jritterrun 2026-02-03T16:33:44Z Re: TurboTax doesn't seem to be calculating long term capital gains correctly. It tells me that e... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-turbotax-doesn-t-seem-to-be-calculating-long-term-capital-gains-correctly-it-tells-me-that-e/01/3548224#M120960 <P><SPAN style="font-size:14px;">A capital gains rate of&nbsp;<STRONG>20%</STRONG>&nbsp;applies if taxable income exceeds the thresholds showing below:</SPAN></P> <UL> <LI><SPAN style="font-size:14px;">&nbsp;$518,900 for single;</SPAN></LI> <LI><SPAN style="font-size:14px;">&nbsp;$291,850 for married filing separately;</SPAN></LI> <LI><SPAN style="font-size:14px;">&nbsp;$583,750 for married filing jointly and qualifying surviving spouse; and</SPAN></LI> <LI><SPAN style="font-size:14px;">&nbsp;$551,350 for head of household.</SPAN></LI> </UL> <P><A href="https://www.irs.gov/taxtopics/tc409" target="_blank"><SPAN style="font-size:14px;">irs.gov</SPAN></A></P> Fri, 07 Mar 2025 18:40:16 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-turbotax-doesn-t-seem-to-be-calculating-long-term-capital-gains-correctly-it-tells-me-that-e/01/3548224#M120960 MayaD 2025-03-07T18:40:16Z Re: TurboTax doesn't seem to be calculating long term capital gains correctly. It tells me that e... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-turbotax-doesn-t-seem-to-be-calculating-long-term-capital-gains-correctly-it-tells-me-that-e/01/3548230#M120961 <P>Shouldn't the program be taxing 15% for everything under&nbsp;$518,900, and 20% for everything over? Thanks!</P> Fri, 07 Mar 2025 18:43:10 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-turbotax-doesn-t-seem-to-be-calculating-long-term-capital-gains-correctly-it-tells-me-that-e/01/3548230#M120961 jritterrun 2025-03-07T18:43:10Z