Taxburnout
Level 2
 
0 Cheers
dkh
Level 15

Look at your Qualified Dividend and Capital Gains Tax worksheet - that may help with understanding the no federal taxes situation

abctax55
Level 15

Or,  look at the diagnostics ( those diags, that are great, and that us Lacerte users pay big bucks for..) and you'll see how much of the capital gain is taxed at zero.

There is also a very nice worksheet that shows the amounts of income in each tax bracket.

HumanKind... Be Both