Capital gains tax on selling investment property is 0% in 2025 if taxable income is below $96,700 filing Married Filing Jointly. Is that after the standard deduction?

[JohnB5677]

A capital gains rate of 0% applies if your taxable income is less than or equal to:

• $47,025 for single and married filing separately;
• $94,050 for married filing jointly and qualifying surviving spouse; and
• $63,000 for head of household.

Topic no. 409, Capital gains and losses

From the left sidebar

1. Select Tax tools
2. Hint: You may have to minimize the Federal and State selections
3. Click Tools
4. A Menu will pop up
5. Select View tax summary
6. On the left panel click Preview my 1040
7. Taxable income is on line 15

Some Key numbers to compare:

• 11 Adjusted Gross Income
• 12 Deductions
• 15 Taxable income
• 16 Tax
• 33 Total Payments
• 34 Overpayment
• 35a Refund
• 37 Amount you owe

[Hal_Al]

Q. Capital gains tax on selling investment property is 0% in 2025 if taxable income is below $96,950 filing Married Filing Jointly. Is that after the standard deduction?

A. Yes. 

The figures shown in the federal tax brackets charts is "taxable income". Taxable income is your Adjusted Gross Income (AGI) minus your standard or itemized deductions and QBI deduction. 

[Scottnpcb]

Are capital gains added to my earned income to make my AGI or is it only my earned income?

[Hal_Al]

Q. Are capital gains added to my earned income to make my AGI?

A. Yes.