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.
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 ...
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...