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crb123456789
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Long term capital gains

How do I enter long term capital gains from the sale of a mutual so it is taxed at 0% because my income is less than $39,375?

Even when I input the long term dates it still comes back as fully taxed.

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1 Reply

Long term capital gains


@crb123456789 wrote:

How do I enter long term capital gains from the sale of a mutual so it is taxed at 0% because my income is less than $39,375?


Where, exactly, are you entering the figures?

 

The income threshold for single filers is $38,600 for 2018 ($39,375 applies to the 2019 tax year). Regardless, note that the capital gains also increase your income.

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