Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

How is section 1250 unrecaptured gain taxed? Is it a flat 25% or max 25%?

I think the Schedule D worksheet is taxing the unrecaptured 1250 gain at a flat 25%.  Lines 33-38 are making this flat calculation.

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Best Answer

Accepted Solutions
TaxGuyBill
Level 15

It is at regular tax rates, up to 25%.

If I remember correctly, yes, Lines 33-38 tax it at a flat 25%, but then Lines 43-45 sort of adjust it back.

View solution in original post

0 Cheers
1 Comment 1
TaxGuyBill
Level 15

It is at regular tax rates, up to 25%.

If I remember correctly, yes, Lines 33-38 tax it at a flat 25%, but then Lines 43-45 sort of adjust it back.

0 Cheers