Is it true that regardless of total taxable income reported on a Married Filing Joint Form 1040, I still get the benefit of the graduated rates? 0% on $94,300
15% on the next $489,450 20% on the amounts over $583,750
Thanks
021255
1 Best answer
Mike9241
Level 15
Oct 14, 2025 8:42:10 AM
yes. but how the rates are applied depends in part on your other taxable income. review the tax calculation on the qualified dividend and long-term capital gain worksheet. other income can push these into higher brackets.
2 Replies
Mike9241
Level 15
Oct 14, 2025 8:42:10 AM
yes. but how the rates are applied depends in part on your other taxable income. review the tax calculation on the qualified dividend and long-term capital gain worksheet. other income can push these into higher brackets.
tcondon21
Level 2
Oct 14, 2025 10:05:12 AM
Thanks for the help. I let CoPilot take me down the wrong path on this one!