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Thanks much, dmertz, that's what I thought it was after reading about it but just wasn't sure how it would all shake out. Your answer gives that clarity.
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Thanks. Just a little confused. So I add the LTCG to ordinary income to determine the LTCG tax rate? Don't get that, I thought these were two separate issues.I ...
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I don't have TurboTax yet, and just want to know if I understand the process correctly.
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Hi VolvoGirl...so you're saying that— using the above numbers — my AGI would be $32.5K, then I add in 1/2 of my SS, which is $12.5K, plus my wife's SS, $10K, an...
Activity Feed for signs-and-more-signs
- Got Cheered for Do long-term capital gains get taxed directly at 15-20% and then the amount of income factor into what tax bracket I'm in?. February 19, 2020 9:45 PM
- Posted Thanks much, dmertz, that's what I thought it was after r... on Investors & landlords. June 7, 2019 3:47 PM
- Posted Thanks. Just a little confused. So I add the LTCG to ord... on Investors & landlords. June 7, 2019 3:47 PM
- Posted Do long-term capital gains get taxed directly at 15-20% and then the amount of income factor into what tax bracket I'm in? on Investors & landlords. June 7, 2019 3:47 PM
- Posted I don't have TurboTax yet, and just want to know if I und... on Deductions & credits. June 3, 2019 11:00 AM
- Posted Hi VolvoGirl...so you're saying that — using the above n... on Deductions & credits. June 3, 2019 11:00 AM
- Posted For calculating possible tax on SS benefits, do you take out the standard deduction and personal exemptions first, to lower AGI? on Deductions & credits. June 3, 2019 10:59 AM